2. At year-end, December 31, the actual income tax for 2020 was determined to be $327,420. Prepare the adjusting entry on December 31 to record the accrual (assume 11 months have been accrued to date in 2020). Record the payment on January 1, 202 View transaction list Journal entry worksheet < 1 2 Record the entry to adjust income tax expense to actual income tax. Note: Enter debits before credits. Date December 31, 2020 General Journal Debit Credit Record entry Clear entry View general journal