For the year ended June 30, 2024, Viceron Inc. had service revenue of $800,000 and operating expenses
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For the year ended June 30, 2024, Viceron Inc. had service revenue of $800,000 and operating expenses of $575,000. The company has a 15% income tax rate. No income tax instalments have been paid or recorded. Prepare the journal entry to record income tax.
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Related Book For 
Accounting Principles Volume 2
ISBN: 9781119786634
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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