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ABC in prepares interim financial statements each month As part of the process, estimated income taxes of $2,200 are accrued each month. The estimated income

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ABC in prepares interim financial statements each month As part of the process, estimated income taxes of $2,200 are accrued each month. The estimated income taxes pad on the 15 of every month subuquent to the month of accrual The achat amount of taxes due at the end of the year, December 31, 2014, la determined to be $29,150. Prepare journal entries to record the following a. The estimated income taxes on January 31, 2014 b. Payment of taxes on February 15, 2014 The adjustment to Income Tax Payable on December 31, 2014 Enter the letters above as the explanation and the dates in the format de 15 Pa

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