The deferred tax expense is the 1. increase in balance of deferred tax asset minus the increase in balance of deferred tax liability.2. increase in balance of deferred tax liability minus the increase in balance of deferred tax asset. 3. decrease in balance of deferred tax asset minus the increase in balance of deferred tax liability.4. increase in balance of deferred tax liability from the beginning to the end of the accounting period.

4. increase in balance of deferred tax liability from the beginning to the end of the accounting period.

Explanation:

The deferred tax expense stand when the taxation method make us pay less taxes today but more in the subsequent accounting period.

That is because now, we have taken a higher income tax deduction for a given temporary reason and for accounting this should be reverted back asexpenses should match the revenues which generated.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.