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Requireda. What amount of deferred tax liability should appear in Bens 12/31/2022 balance...

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Accounting

Required
a. What amount of deferred tax liability should appear in Bens 12/31/2022 balance sheet?
$Answer

b. Where in the balance sheet should the deferred tax liability appear?
Deferred tax liabilities are recorded as noncurrent liabilities on the balance sheet.
Deferred tax liabilities are recorded as current liabilities on the balance sheet.
Deferred tax liabilities are recorded as current and/or noncurrent liabilities on the balance sheet, depending on when they are due.
Deferred tax liabilities are not reported on the balance sheet, rather they are disclosed in the Notes to the Financial Statements.


c. What amount of deferred tax liability should appear in Bens 12/31/2023 balance sheet?


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