00:01
Hello students, here is a question decrease in the balance of deferred tax asset minus the increase in the balance of deferred tax liability.
00:07
So, we have four options given here.
00:09
The first option is decrease in the balance of deferred tax assets minus the increase in balance of deferred tax liability and the second option is increase in increase in the balance of deferred tax deferred tax liability minus the increase in the balance of deferred tax asset and option c is increase in balance increase in balance of deferred tax liability from the beginning from the beginning to the end of accounting period and option d is increase in increase in the balance of deferred tax liability deferred tax asset asset minus the increase in balance of minus the increase in balance of deferred tax liability.
02:22
So, these are the options we have let us discuss the answer now.
02:26
So, the first option says that the balance of deferred tax asset and deferred tax liability a decrease in the balance of deferred tax asset minus increase in the balance of deferred tax liability.
02:38
So, this option says that the balance of deferred tax asset decrease the balance of deferred tax liability increases.
02:45
Then the answer is right for this.
02:48
So, when it comes to option b, it says that increase in the balance of deferred tax liability minus increase in the balance of deferred asset.
02:56
So, this option says that the balance of deferred tax liability increases and the balance of deferred tax asset is also increases.
03:03
So, this is the answer.
03:06
Then option c says that increase in the balance of deferred tax liability from the beginning of an end accounting period...