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Business, 15.04.2020 01:04 kenzie19169

At December 31, 2020, Blue Corporation has a deferred tax asset of $218,000. After a careful review of all available evidence, it is determined that it is more likely than not that $65,400 of this deferred tax asset will not be realized. Prepare the necessary journal entry.

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At December 31, 2020, Blue Corporation has a deferred tax asset of $218,000. After a careful review...
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