Larsen Corporation reported $100,000 in revenues in its 2014 financial statements, of which $33,000 will not...

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Larsen Corporation reported $100,000 in revenues in its 2014 financial statements, of which $33,000 will not be included in t

business accounting

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Answer 1

Answer #1

Answer:-

Explanation:-

Deferred tax liability = revenue not included*tax rate 2015

= 33000*35% = $ 11550

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Answer 2

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Larsen Corporation reported $100,000 in revenues in its 2014 financial statements, of which $33,000 will not...