Business, 17.07.2019 01:30 coolman5999alt
Lodge inc. reported pretax book income of $5,000,000. during the year, the company increased its reserve for warranties by $200,000. the company deducted $50,000 on its tax return related to warranty payments made during the year. what is the impact on taxable income compared to pretax book income of the book-tax difference that results from these two events?
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Lodge inc. reported pretax book income of $5,000,000. during the year, the company increased its res...
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