Required Compute the deferred tax expense and the balance of the deferred tax account for...

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Accounting

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Compute the deferred tax expense and the balance of the deferred tax account for each year.

Prepare all journal entries required to record Olivers income tax provision for all 3 years.

Objective 3] Oliver Starshine Group provided the following income information from its first 3 years of operation. Oliver offers a 1-year warranty on its commercial floor polishing system. The company estimates its warranty cost at 10% of sales

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