How the deferred tax liablility will be classified


Using the information from BE19-2, assume this is the only difference between Oxford pretax financial income and taxable income. Prepare the journal entry to record the income tax expense, deferred income taxes, and income taxes payable, and show how the deferred tax liablility will be classified on the December 31,2012,balance sheet?

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Accounting Basics: How the deferred tax liablility will be classified
Reference No:- TGS0705303

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