Corporate Income Tax nts box 1. Prepare the journal entry for April 15. If an amount box does not require an entry, leave it blank 2. Assume that all four quarterly payments have been entered in the general journal. On December 31, Stanton's actual income tax amounts to $94,000. This amount will be paid by March 15, 20-2. Prepare the journal entry to record the additional income tax owed. If an amount box does not require an entry, leave it blank Stanton Company estimates that its 20-1 income tax will be $74,000. Based on this estimate, it will make four quarterly payments of $18,500 each on April 15, June 15, September 15, and December 15. General Journal 1. Prepare the journal entry for April 15. If an amount box does not require an entry, leave it blank. Page: DOC. POST DATE ACCOUNT TITLE DEBIT CREDIT NO. REF. 1 20-1 Apr. 15 Income Tax Expense 2 Cash 2 3 3 s el 2. Assume that all four quarterly payments have been entered in the general journal. On December 31, Stanton's actual income tax amounts to $94,000. This amount will be paid by March 15, 20-2. Prepare the journal entry to record the additional income tax owed. If an amount box does not require an entry, leave it blank. Page: DATE DOC. POST. ACCOUNT TITLE CREDIT NO. REF. 1 20-1 Dec. 31 Income Tax Expense 2 Income Tax Payable DEBIT 1 2 3 3