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Discuss the statement of youngman corporation

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Question: Youngman Corporation has temporary differences at December 31, 2014, that result in the following deferred taxes.

Deferred tax asset                   $24,000

Deferred tax liability                 $69,000

Indicate how these balances would be presented in Youngman's December 31, 2014, statement of financial position.

Reference no: EM131592728

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