Question: Which item creates a future deductible amount?Multiple choice question.Bad debts deducted on the tax return in excess of bad debt expense on the income statement.Depreciation
Which item creates a future deductible amount?Multiple choice question.Bad debts deducted on the tax return in excess of bad debt expense on the income statement.Depreciation for tax in excess of depreciation for financial reporting.Receipt of rental revenue in advance.
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