After preparing a preliminary version of its financial statements, a company found that it made...
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Accounting
After preparing a preliminary version of its financial statements, a company found that it made a mistake in computing bad debt expense on the books. The company needed to reduce Bad Debt Expense on its books by $100,000.
Which of the following would be increased by this change? (check all that apply)
Deferred Tax Liabilities
Deferred Tax Assets
Cash flow from Operations
Income Tax Expense
Income Tax Payable
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