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    Question

    Which section of balance sheet shows ‘deferred tax

    liability’?
    A Current liabilities Correct Answer Incorrect Answer
    B Non-current liabilities Correct Answer Incorrect Answer
    C Current assets Correct Answer Incorrect Answer
    D Equity Correct Answer Incorrect Answer
    E Contingent liabilities (off-balance sheet) Correct Answer Incorrect Answer

    Solution

    Deferred tax liabilities are presented as non-current liabilities.

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