For example, if tax depreciation is higher than book depreciation in the early years of an asset’s life, a deferred tax liability arises, as the company will owe more taxes…

This is the taxpayer's depreciation expense for the specified quarter of the tax year. Some jurisdictions' tax rules allow individuals and businesses to write off the cost of depreciated physical…

Errors may be committed to casting (totaling) the bank column of the cash book. Another way of doing it (and an easier one) is to look at the entry made…