The deferred income tax liability attributable to a subsidiary's realized gain on the parent company's open-market acquisition of the subsidiary's serial bonds reverses when the subsidiary makes serial payments of the principal of the bonds.

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The Answer of The deferred income tax liability attributable to a subsidiary's realized gain on the parent company's open-market acquisition of the subsidiary's serial bonds reverses when the subsidiary makes serial payments of the principal of the bonds.

The Deferred Income Tax Liability Attributable to a Subsidiary's Realized