Income tax expense (i.e., the provision for income taxes) equals: a. Current taxes...

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Accounting

Income tax expense (i.e., the provision for income taxes) equals:
a. Current taxes payable + the increase in deferred tax liabilities - the increase in deferred tax assets.
b. Current taxes payable - the increase in deferred tax liabilities + the increase in deferred tax assets.
c. Current taxes payable - the increase in deferred tax liabilities - the increase in deferred tax assets.
d. Current taxes payable + the increase in deferred tax liabilities + the increase in deferred tax assets.
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