depreciated by MACRS. The enacted tax rate is Amounts for pretax GAAP accounting income, depreciation, and taxable income in Year Year Year Year and Year are as follows:
a What type of booktax difference is this?
b Prepare the appropriate journal entry related to the tax deferral ONLY at December Year Note: The purchase of computers has already been recorded in Year
Note: Round answers $ in thousands to the nearest whole number, if applicable.
$ in thousands
c Determine the deferred amount at the end of Year on the balance sheet.
Note: Round answer $ in thousands to the nearest whole number, if applicable.
$
d Prepare the appropriate journal related to the deferral entry at December Year
Note: Round answers $ in thousands to the nearest whole number, if applicable.
$ in thousands
e Determine the deferred amount at the end of Year on the balance sheet.
Note: Round answer $ in thousands to the nearest whole number, if applicable.
$
