promotion image of download ymail app
Promoted

Accounting Homework Question - Deferred Tax Liabilities and Assets?

Update:

I do not understand why I got this wrong on a quiz.  Please explain this to me so I can understand when studying for the test.

Update 2:

I have the deferred revenue as a deferred tax asset.  I put the insurance expense and depreciation as deferred tax liabilities.  After going over this over and over, my numbers are still wrong.  Will someone please tell me what I am doing wrong?  Thank you.

Attachment image
There are no answers yet.
Be the first to answer this question.