Which the presentation of the four deferred income tax

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Problem 1: A company has four "deferred income tax" accounts arising from timing differences involving (1) current assets, (2) noncurrent assets, (3) current liabilities, and (4) noncurrent liabilities. The presentation of these four "deferred income tax" accounts in the statement of financial position should be shown as

Option 1: A single net non-current amount

Option 2: A net current and a net noncurrent amount

Option 3: Four accounts with no netting permitted

Option 4: Valuation adjustments of the related assets and liabilities that gave rise to the deferred tax

Reference no: EM132825700

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