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For each of the items below, determine whether the items are temporary differences or permanent differences.

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tjraqvfba

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Business Finance

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Intermediate accounting II

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Ashworth College

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Please help with tutorial.I am stuck on part C of this assignment. I have uploaded a file containing the question that I need help with. You are appreciated.

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Here you go pal'Kindly let me know when you have further questions. Thank you.

1

PART C

Name
Institution
Instructor
Course
Date

2

1. Municipal bond contract
Permanent difference
2. Accrued warranty expense
Temporary difference; deferred liability
3. Sales revenue received in advance
Temporary difference; deferred liability
4. Prepaid insurance where the tax deduction in future years will be less than the b...

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