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Corporation income tax expense is a reported similarly for corporations and partnerships. b not reported in a separate section of a corporate income statement. c
Corporation income tax expense is
a | reported similarly for corporations and partnerships. |
b | not reported in a separate section of a corporate income statement. |
c | usually accrued in the adjusting entry process. |
d | not usually accrued because it is not known what the exact liability will be until the tax return is filed. |
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