At December 31, 2018, Appaloosa plc had a deferred tax liability of $25,000. At December 31, 2019,

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At December 31, 2018, Appaloosa plc had a deferred tax liability of $25,000. At December 31, 2019, the deferred tax liability is $42,000. The company's 2019 current tax expense is $48,000. What amount should Appaloosa report as total 2019 tax expense?
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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