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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
Under ASPE, when pretax accounting income exceeds taxable income:
A) Prepaid Income Tax is debited
B) Prepaid Income Tax is credited
C) Future Tax Liability is credited
D) Future Tax Asset is debited
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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msayed2004msayed2004
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6 years ago
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Harrison Author
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6 years ago
Brilliant ツ
emilyas19
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Loruiz15
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2 hours ago
Good timing, thanks!
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