Indicate the manner in which deferred taxes should be


1. (Three Differences, Classify Deferred Taxes) At December 31, 2010, Cascade Company had a net deferred tax liability of $450,000. An explanation of the items that compose this balance is as follows. Indicate the manner in which deferred taxes should be presented on Cascade Company's December 31, 2010, balance sheet. 

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Accounting Basics: Indicate the manner in which deferred taxes should be
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