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Deferred Tax Asset

WWayne5y ago
What is the journal entry for deferred tax asset, both increase and decrease?
P2-D2P2-D2Tutor5y ago#1
I'll give you a clue and then you can take it from there to see if you get it right. An increase in an asset is a debit, while a decrease in an asset is a credit. The other side will then go to profit or loss. Thanks
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