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Can you explain. I got the answer wrong. I chose b,. Income tax expense appears on the _____ while Tax payable is a(n)_______. A. income
Can you explain. I got the answer wrong. I chose b,.
Income tax expense appears on the _____ while Tax payable is a(n)_______.
A. income statement; liability on the balance sheet.
B. balance sheet; liability on the income statement.
C. income statement; expense on the income statement.
D. balance sheet; expense on he balance sheet
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