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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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