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B&B Incorporated's taxable income is computed as follows: Book income before tax$ 9,882,590Net...

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Accounting

B&B Incorporated's taxable income is computed as follows:
Book income before tax$ 9,882,590Net permanent differences447,600Net temporary differences(802,100)Taxable income$ 9,528,090
B&B's tax rate is 21%. Which of the following statements is true?allowance for bad debts$ 895,400
Which of the following statements is true?

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