Question: Under the accrual method, what is the current year temporary difference in FY2027? FY2026 FY2027 Deferred tax liability $30,000 Income before tax $130,000 Taxable income
Under the accrual method, what is the current year temporary difference in FY2027? FY2026 FY2027 Deferred tax liability $30,000 Income before tax $130,000 Taxable income 95,000 Tax rate 30% 35% Question 7 options: $30,000 $ 47,250 $35,000 $12,250
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