Deferred taxes should be presented on the balance sheet

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Deferred taxes should be presented on the balance sheet

a. as one net debit or credit amount.
b. in two amounts: one for the net current amount and one for the net noncurrent amount.
c. in two amounts: one for the net debit amount and one for the net credit amount.
d. as reductions of the related asset or liability accounts.

Answer: in two amounts: one for the net current amount and one for the net noncurrent amount

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