Youngman corporation has temporary differences at december


Question: Youngman Corporation has temporary differences at December 31, 2017, that result in the following deferred taxes.

Deferred tax liability related to depreciation difference $38,000

Deferred tax asset related to warranty liability 62,000

Deferred tax liability related to revenue recognition 96,000

Deferred tax asset related to litigation accruals 27,000

Indicate how these balances would be presented in Youngman's December 31, 2017, balance sheet.

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Accounting Basics: Youngman corporation has temporary differences at december
Reference No:- TGS02882453

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