[CFA入门] 请教一个L1的题

rent expense是支出的 减少了net income 有节税作用

Only $10,000 was paid in cash for rent during 2002 （cash basis for tax reporting.）即cash outflow少10000 ，在net income基础上加回 作为税基

也就是说税基大于CV（cash inflow>net income) DTA产生

rent expense是支出的 减少了net income 有节税作用

Only $10,000 was paid in cash for rent during 2002 （cash basis for tax reporting.）即cash outflow少10000 ，在net income基础上加回 作为税基

也就是说税基大于CV（cash inflow>net income) DTA产生

Thanks!

The (1) interest received on tax-free municipal bonds $50,000 is the perminant difference, thus there is no liability or asset on this.

For (2), if Alice is a cash basis, I don't think there is any change, then C. But if Alice is a accural basis, here is the difference. The company accured the liability and record them as expense. On tax basis, only $10000 counts since tax = cash basis. So the accured expense for them will be recognized in the next year when paid out for tax purpose. Here comes the difference between GAAP and Tax, which is temporary. The differen on GAAP Financial Statement will be recognized as tax assets.