Question: Using an online research service, find the audited financial statements of a major U.S. corporation. a. List some of the items that the corporation reports

Using an online research service, find the audited financial statements of a major U.S. corporation.
a.
List some of the items that the corporation reports as having different treatment for tax and financial accounting purposes. These items often are mentioned in the foot-notes to the statements.

b. List two or more such items that seem to increase the taxpayer’s after-tax income and two or more that seem to decrease it.

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