A temporary difference that would result in a deferred tax liability is Interest revenue on municipal bonds.
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liability is
Interest revenue on municipal bonds.
Accrual of warranty expense.
Excess of tax depreciation over financial accounting depreciation.
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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