At the end of 2014, the only expected future temporary difference is implied by the...
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Accounting
At the end of 2014, the only expected future temporary difference is implied by the following account found in the balance sheet: Prepaid rent = $22,000 The footnotes reveal that the prepaid rent applies only to 2015. You would also expect to find which of the following in the balance sheet:
| a. | Current deferred tax liability |
| b. | Current deferred tax asset |
| c. | Noncurrent deferred tax liability |
| d. | Noncurrent deferred tax asset |
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