At December 31, 2020, Concord Corporation has a deferred tax asset of $210,000. After a careful review of all available evidence, it is determined that it is more likely than not that $63,000 of this deferred tax asset will not be realized. Prepare the necessary journal entry.

Debit deffered tax expenses with $63,000, and credit Allowance for decreasing the deffered tax asset with $63,000.

Explanation:

The journal entry will appear in the book of Concord Corporation as follows:

Details                                                                         Dr ($)           Cr ($)

Deffered tax expenses                                            63,000

Allowance for decreasing the deffered tax asset                       63,000

Being an allowance for decreasing the deffered tax asset to expected net realizable value

answer: d. characteristics of guests

explanation: it is directly related to the spending characteristics of attendees who fall into each of these categories:

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.