Question
Prepare the journal entry to record income taxes for 2021. (Credit account titles are automatically indented when amount is entered DO indent manually. if
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Prepare the journal entry to record income taxes for 2021. (Credit account titles are automatically indented when amount is entered DO indent manually. if no entry is required, select "NO Ento" for the account titles and enter O for the amounts.) Account and Explanation Imome Tax Expense Deferred Tax Asset Income Tax Payable eTextbook and Media List of Accounts Credit Prepare schedule of future taxable end (deductible) amounts at the end of 2022. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (451.) Future taxable (deductible) amounts: Severance pay Total
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