After preparing preliminary version of financial statements

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After preparing a preliminary version of its financial statements, a company found that it made a mistake in computing bad debt expense on the books. The company needed to reduce Bad Debt Expense on its books by $100,000.

Which of the following would be increased by this change? (check all that apply)

Income Tax Payable

Income Tax Expense

Cash flow from Operations

Deferred Tax Liabilities

Deferred Tax Assets

Reference no: EM13863497

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