Type of difference deferred tax


A company records an unrealized loss on short-term securities. This would result in what type of difference and in what type of deferred income tax?

Type of Difference Deferred Tax

1. Temporary Liability

2. Temporary Asset

3. Permanent Liability

4. Permanent Asset

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Type of difference deferred tax
Reference No:- TGS0698883

Expected delivery within 24 Hours