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Explain what is meant by future deductible amounts describe

Sometimes a temporary difference will produce future deductible amounts. Explain what is meant by future deductible amounts. Describe at least one situation that has this effect. How are future deductible amounts recognized in the financial statements?

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Accounting Basics: Explain what is meant by future deductible amounts describe

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Accounting Basics: Explain what is meant by future deductible amounts describe

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