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Balance Sheet-What's the point?
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DCH
Posted 12/24/2024 10:44 (#11023969 - in reply to #11023955)
Subject: RE: Balance Sheet-What's the point?


How many are able to calculate the deferred tax liability?

No problem with raising land values— but some reasonable estimate of the liability needs to be put in.

The same is true with buildings, machinery, and other depreciable assets— are you accounting for the tax if you liquidate?
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