Bismark Corp. has ($ 90,000) of income before income taxes, a (40 %) tax rate, and ($

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Bismark Corp. has $\$ 90,000$ of income before income taxes, a $40 \%$ tax rate, and $\$ 76,000$ of taxable income. Provide the journal entry for the current year's taxes.

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Jun 11, 2024 12:01 AM

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Bismark Corp. has ($ 90,000) of income before income taxes, a (40 %) tax rate, and ($

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Financial Accounting

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