Prepare the journal entry to record income tax expense, deferred income taxes, income tax payable ( CR 2 3 5 6 0 ) , and deferred tax liability The following facts relate to Crane Corporation 1 Deferred tax liability, January 1, 2025, $29,600 2 Deferred tax asset, January 1, 2025, $0 3 Taxable inco...

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Prepare the journal entry to record income tax expense, deferred income taxes, income tax payable ( CR:

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Prepare the journal entry to record income tax expense, deferred income taxes, income tax payable

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?and deferred tax liability.

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Prepare the journal entry to record income tax expense, deferred income taxes, income tax payable ( CR:

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