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5. Journalize all necessary entries for 2019 and 2020 for CBD Co from the following information: made three estimated tax deposits of $10,000 during 2019;

image text in transcribed 5. Journalize all necessary entries for 2019 and 2020 for CBD Co from the following information: made three estimated tax deposits of $10,000 during 2019; book income for 2019 $75,000; tax rate 40%; taxable income for 2019 is $50,000

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