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Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes

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Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 20202023 are as follows: There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25% (Hint: You will find it heipful to prepare a schedule that shows the balances in service revenue receivable at December 31, 20202023.) Required: 1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income entry is required for a transaction/event, select "No f qurnal entry required" in the first account field. Enter your answe: dollars.) to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no ntry is required for a transaction/event, select "No journal entry required" in the first account fieid. Enter your answers in whole ollars.) Journal entry worksheet Record 2021 income taxes. Note: Enter debits before credits Journal entry worksheet 3 Journal entry worksheet Record 2023 income taxes. Noten Enter debits before credits

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