8. Matrix Corporation estimated at the beginning of 20-- that its income tax for the year would be $150,000. Calculate estimated income tax payment per quarter and show one of the quarterly entries to pay the taxes. GENERAL JOURNAL Page 1 Date Description Post Ref. Debit Credit As of December 31, 20--, Matrix Corporation had an actual tax liability of $150,200. Calculate the income tax due a make the necessary adjusting entry. GENERAL JOURNAL Page 1 Date Description Post Ref. Debit Credit