At december 31 2012 hillyard corporation has a deferred tax, Ask an Expert

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At December 31, 2012, Hillyard Corporation has a deferred tax asset of $200,000. After a careful review of all available evidence, it is determined that it is more likely than not that $60,000 of this deferred tax asset will not be realized. Prepare the necessary journal entry.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M950910

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