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Home Q & A Board Other Fields Homework Help Business Accounting
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U2rodksyidj U2rodksyidj
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6 years ago
When a company depreciates a fixed asset at a faster rate for tax purposes than book purposes, this creates a ________.
A) deferred tax asset
B) higher tax basis than book basis of assets in the early years
C) deferred tax liability
D) lower tax basis than book basis of liabilities in the early years
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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bkrandybkrandy
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6 years ago
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U2rodksyidj Author
wrote...

6 years ago
This helped my grade so much Perfect
Lawson1981
wrote...

Yesterday
Good timing, thanks!
Brownr40
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2 hours ago
Helped a lot
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