PROBLEM TWO: Match the described transaction as either creating a DTA - Deferred Tax Asset [DTA]; DTL - Deferred Tax Liability [DTL, or a PD - Permanent Difference [PD] 1. 2 3. 4. 5. 6. 7. 8. 9. Accrual of loss contingency Newspaper subscriptions: taxable when received: recognized for financial reporting when earned. Prepaid rent Accrued bond interest expense. Prepaid insurance Unrealized loss from recording investments at fair value. Warranty expense; estimated for financial reporting when products are sold. Advance rent receipts on an operating lease (as the lessor) Straight-line depreciation for financial reporting; accelerated depreciation for tax purposes. Accrued expense for employee postretirement benefits 10