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Business, 13.04.2021 01:10 toricepeda82

Alpha began operations in 2015. It reported $500 in revenues. It reported $200 depreciation expense on its 2015 tax return; however, it reported $50 depreciation expense on its 2015 income statement. The difference in depreciation (Alpha's only book-tax difference) is a temporary book-tax difference that will reverse over time. Assuming a constant tax rate of 30%. What will be the balance in the DTL account in Alpha's 2015 balance sheet?

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Alpha began operations in 2015. It reported $500 in revenues. It reported $200 depreciation expense...
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