At December 31, 2021, Appaloosa plc had a deferred tax liability of $25,000. At December 31, 2022,
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At December 31, 2021, Appaloosa plc had a deferred tax liability of $25,000. At December 31, 2022, the deferred tax liability is $42,000. The company’s 2022 current tax expense is $48,000. What amount should Appaloosa report as total 2022 tax expense?
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Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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