What Is the Opening Balance of the Deferred Tax Liability

question 49

Multiple Choice

What is the opening balance of the deferred tax liability account considering the rate change?

• A)100,000 debit
• B)100,000 credit
• C)120,000 debit
• D)120,000 credit

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Definitions:

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.

Evolutionary Hypothesis

A theory suggesting that certain behaviors or traits have developed over time because they were advantageous for survival and reproduction.

Self-determination Theory

A psychological theory that focuses on people's inherent growth tendencies and innate psychological needs.

Autonomy

An individual's capacity for self-governance or self-directing freedom and especially moral independence, critical for personal development.