Question: 17 Assume the same information as in the previous problem except that the $300 difference is recognized for tax purposes partially in 19B ($200) and

17 Assume the same information as in the previous problem except that the $300 difference is recognized for tax purposes partially in 19B ($200) and partially in 19C ($100). The rate for all years is 30%.

Prepare the entries for 19A, 19B, and 19C. Assume that in 19C we once again have a “regular”
income of $500 for both accounting and tax purposes.

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