In tax-effect accounting, creation of temporary differences between the carrying amount and the tax base for assets

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In tax-effect accounting, creation of temporary differences between the carrying amount and the tax base for assets and liabilities leads to the establishment of deferred tax assets and liabilities in the accounting records. List examples of temporary differences that create:
(a) Deferred tax assets
(b) Deferred tax liabilities.
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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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