Multiple Choice
VB Ltd.provided you with the following information: 
There are no temporary differences.The deferred income tax benefit of the loss carry forward was set up in 2015 as the probability of realization was greater than 50%.In 2016 it was determined that the probability of realization was less than 50%.What would be the carrying amount of the deferred income tax benefit-loss carry forward on the balance sheet at the end of 2016?
A) $194,100
B) $0
C) $220,000
D) $64,600
Correct Answer:
Verified
Correct Answer:
Verified
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