com% exhtmf%23% truekretumUrt-https%3A%2F % Help Save ief Exercises Ch Brief Exercise 4.9 Accruing Unpaid Income Taxes (L04-5) tunter's unadjusted trial balance dated December 3t year 1 reports Income Taxes Expense of $70,000, and Income Taxes Payable of aPrepare the necessary adjusting entry for income taxes expense The company's accountant estimates that income taxes expense for the entire year ended December 31, year 1, is $85,000 on December 31, year t the amount of income taxes payable reported in the balance sheet dated December 31, year 1 Required A Required B Prepare the necessary adjusting entry for income taxes expense on December 31, year 1. (If no transaction/event, select No journal entry required" in the first account field.) Journal entry worksheet Record entry to accrue December income taxes expense. Prek 90f 12 Next > rch