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FINA-4015: Administracin Bancaria W eso, Intermediate Accounting, 17e ament Gradebook ORION Downloadable eTextbook CALCULATOR MESSAGE MY INSTRUCTO 19-02 ing information is available for Wenger Corporation

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FINA-4015: Administracin Bancaria W eso, Intermediate Accounting, 17e ament Gradebook ORION Downloadable eTextbook CALCULATOR MESSAGE MY INSTRUCTO 19-02 ing information is available for Wenger Corporation for 2019 (its first year of operations). of tax depreciation over book depreciation, $40,000. This $40,000 difference will reverse equally over the years 2020-20% al, for book purposes, of $20,000 of rent received in advance. The rent will be recognized in 2020. financial incom $300,000 te for all years, 20%. taxable income for 2019. come ne journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2019. (Credit accoun: d. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the ar tles and Explanation Dehit Credit

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