Graczyk Company reports income tax expense for the year of 11,600 and a deferred tax liability of
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Question:
Graczyk Company reports income tax expense for the year of 11,600 and a deferred tax liability of $1,600. The amount of taxes paid or payable for the current year are
a). $13,200.
b). $11,600.
c). $10,000.
d). none of these choices.
Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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