In a period in which a taxable temporary difference reverses, the reversal will cause taxable income to be gre pretax financial income. (b If a $74,900 balance in Deferred Tax Asset was computed by use of a 40% rate, the underlying cumulative temporary difference amounts to $ Deferred taxes recorded to account for permanent differences. If a taxable temporary difference originates in 2017, it will cause taxable income for 2017 to be pretax financial income for 2017. If total tax expense is $49,700 and deferred tax expense is $67,900, then the current portion of the expense computation is referred to as current tax of $ If a corporation's tax return shows taxable income of $102,100 for Year 2 and a tax rate of 40%, how much will appear on the December 31, Year 2, balance sheet for "Income taxes payable" if the company has made estimated tax payments of $37,100 for Year 2? $ An increase in the Deferred Tax Liability account on the balance sheet is recorded by a to the Income Tax Expense account. (h) An income statement that reports current tax expense of $82,400 and deferred tax benefit of $22,300 will report total income tax expense of $ (h) An income statement that reports current tax expense of $82,400 and deferred tax benefit of $22,300 will report total income tax expense of $ A valuation account is needed whenever it is judged to be that a portion of a deferred tax asset realized. If the tax return shows total taxes due for the period of $72,300 but the income statement shows total income tax expense of $55,500, the difference of $16,800 is referred to as deferred tax In a period in which a taxable temporary difference reverses, the reversal will cause taxable income to be gre pretax financial income. (b If a $74,900 balance in Deferred Tax Asset was computed by use of a 40% rate, the underlying cumulative temporary difference amounts to $ Deferred taxes recorded to account for permanent differences. If a taxable temporary difference originates in 2017, it will cause taxable income for 2017 to be pretax financial income for 2017. If total tax expense is $49,700 and deferred tax expense is $67,900, then the current portion of the expense computation is referred to as current tax of $ If a corporation's tax return shows taxable income of $102,100 for Year 2 and a tax rate of 40%, how much will appear on the December 31, Year 2, balance sheet for "Income taxes payable" if the company has made estimated tax payments of $37,100 for Year 2? $ An increase in the Deferred Tax Liability account on the balance sheet is recorded by a to the Income Tax Expense account. (h) An income statement that reports current tax expense of $82,400 and deferred tax benefit of $22,300 will report total income tax expense of $ (h) An income statement that reports current tax expense of $82,400 and deferred tax benefit of $22,300 will report total income tax expense of $ A valuation account is needed whenever it is judged to be that a portion of a deferred tax asset realized. If the tax return shows total taxes due for the period of $72,300 but the income statement shows total income tax expense of $55,500, the difference of $16,800 is referred to as deferred tax