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Which of the following liabilities reported in the financial statements arises due to temporary differences in carrying value and assets tax base :

<p>a. Accounts Payable</p> <p>b. Notes Payable</p> <p>c. Deferred Tax Liability</p> <p>d. Provision for Gratuity</p> <p> </p>

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Question added by Deleted user
Date Posted: 2014/09/20
Deleted user
by Deleted user

( C )

Anser Mehmood
by Anser Mehmood , Senior Accountant , FALCOR ENGINEERING & CONTRACTING SERVICES LLC

Option C - Deferred Tax Liability is the correct answer

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

ANSWER C

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

c. Deferred Tax Liability

Mohammad Iqbal Abubaker
by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

Which of the following liabilities reported in the financial statements arises due to temporary differences in carrying value and assets tax base :c. Deferred Tax Liability