At december 31, 2017, fell corporation had a deferred tax liability of $680,000, resulting from future taxable amounts of $2,000,000 and an enacted tax rate of 34%. in may 2018, a new income tax act is signed into law that raises the tax rate to 40% for 2018 and future years. prepare the journal entry for fell to adjust the deferred tax liability.

answer: most likely c

explanation:

answer; manager working long hours; plz check i believe this is correct good luck;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.