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Business, 17.08.2021 18:00 katlian

At the December 31, 2020 balance sheet date, Unruh Corporation reports an accrued receivable for financial reporting purposes but not for tax purposes. When this asset is recovered in 2021, a future taxable amount will occur and a. pretax financial income will exceed taxable income in 2021. b. Unruh will record a decrease in a deferred tax liability in 2021. c. total income tax expense for 2021 will exceed current tax expense for 2021. d. Unruh will record an increase in a deferred tax asset in 2021.

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