At december 31 2012 percheron inc had a deferred tax asset

Assignment Help Accounting Basics

Reference no: EM13604064

At December 31, 2012, Percheron Inc. had a deferred tax asset of $30,000. At December 31, 2013, the deferred tax asset is $59,000. The corporation's 2013 current tax expense is $61,000. What amount should Percheron report as total 2013 tax expense?

Reference no: EM13604064

Questions Cloud

You are an accountant in a medium-sized manufacturing : you are an accountant in a medium-sized manufacturing company. you have been asked to mentor an accounting clerk who is

Starfleet corporation has one temporary difference at the : starfleet corporation has one temporary difference at the end of 2012 that will reverse and cause taxable amounts of

On may 20 2010 capriati sold 3000 shares of gonzalez : on january 15 purchased 9000 shares of gonzalez companys common stock at 33.50 per share plus commission 1980.on april

Atlanta company is preparing its manufacturing overhead : atlanta company is preparing its manufacturing overhead budget for 2012. relevant data consist of the following.

At december 31 2012 percheron inc had a deferred tax asset : at december 31 2012 percheron inc. had a deferred tax asset of 30000. at december 31 2013 the deferred tax asset is

Lorge company bottles and distributes livit a diet soft : lorge company bottles and distributes livit a diet soft drink. the beverage is sold for 50 cents per 16-ounce bottle to

During the year chester had the following transactions : during the year chester had the following transactions involving capital assets gain on the sale of an arrowhead

An employee receives an hourly rate of 25 with time and a : an employee receives an hourly rate of 25 with time and a half for all hours worked in excess of 40 during a week.

Dividends per share baxter inc a developer of radiology : dividends per share baxter inc. a developer of radiology equipment has stock outstanding as follows 18000 shares of

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages