Current Attempt in Progress

Pina Inc. incurred a net operating loss of $$453,000$ in $2025.$ The tax rate for all years is $30\%.$ Prepare the journal entries to record the

benefits of the loss carryforward. Pina expects to return to profitability in $2026.($List debit entry before credit entry. Credit

account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

eTextbook and Media

List of Accounts