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Whether lambda phage undergoes the lytic or lysogenic cycle is dependent on the accumulation of
Deferred Income Taxes
Represents taxes that are owed but not yet paid, due to differences in the timing of recognition of revenue and expenses for tax reporting and financial accounting purposes.
Income Taxes Payable
The sum of income tax that a company is liable to the government but remains unpaid.
Income Tax Expense
The total amount of income tax that a company expects to pay in a given fiscal period, appearing on the income statement.
Contra-Asset Account
A contra-asset account is an account used in the financial accounting to offset against an asset account on the balance sheet.
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