waterline

accrued warranty expenses for the warranty in 2008  $300000

- 对应Taxable Income, Deferred Tax Liability

 

actual expenditures for repairs under the warranty in 2008  $200000

- 对应Pretax Income, Deferred Tax Asset

 

实际的warranty expense没那么多，但是多记在Taxable Income的帐上了，可以看出Pretax Income多于Taxable Income. 也就是说2008年实际缴税多于会计的税，产生Deferred Tax Asset 100000*0。35=35000