Solution-What is the net deferred tax expense for the

What is the net deferred tax expense for the current year

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Problem 1: On January 1, 2019, Bourbon Company reported a deferred tax liability of P1,000,000 and a deferred tax asset of P400,000. On December 31, 2019, the entity reported a deferred tax liability of P1,500,000 and a deferred tax asset of zero. What is the net deferred tax expense for the current year?

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What is the net deferred tax expense for the current year

Reference no: EM132762053

Reference no: EM132762053

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