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When a company has negative taxable income in a period that results in a net operating loss, they will initially record a(n): Seita ong: 1. Delered tax asset. b. Valuation aliovance for a deterred tax asset c. Loss on income taxes d. Deferred tax iablity select tene Werodethsie thun Foir an empioyce share purchase phan and where the stock is wiqured at sops of stock mocket price, the finanial reporting for the transaction would include d: a. Deblto Pag incaptal in ecess ol put -common stock b. bebit to compensaton expeme c. Credt to Compensabion expense A. Crosk to paic incopital in excess of par-Employee stock Which of the following items will NOT be considered in the calculation of diluted earnings per share (EPS)? Select one: a. The effect of stock splits b. Dividends paid on convertible preferred stock c. The weighted average common shares . The number of common shares represented by stock options For a short-term lease and monthly payments, the lessee typically debits what account? Select one: a. Lease tecenable b. Right-of-use asset c. Lease liability d. Lease expense