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asap Question 5 [10 points) XYZ Corporation properes interim financial statements each month As part of the process, estemted income taxes of $2.650 we accrued
asap Question 5 [10 points) XYZ Corporation properes interim financial statements each month As part of the process, estemted income taxes of $2.650 we accrued each month The estimated income fare paid on the 15th of every month subsequent to the month of accrual The actual amount of taxes due at the end of the year, December 31 2014 determined to be 100 por journal ontries 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 Payablo on December 31, 2014 Enter the letters above as the explanation and the dates in the format dd mmm 150 Genom Page Date Accountanation F Debt Crede
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