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I will give thumbs up for correct answers ASAP! Thank you! The information that follows pertains to Esther Food Products: a. At December 31, 2024,
I will give thumbs up for correct answers ASAP! Thank you!
The information that follows pertains to Esther Food Products: a. At December 31, 2024, temporary differences were associated with the following future taxable (deductible) amounts: b. No temporary differences existed at the beginning of 2024 . c. Pretax accounting income was $48,000 and taxable income was $11,000 for the year ended December 31,2024. d. The tax rate is 25%. Required: Complete the following table given below and prepare the appropriate journal entry to record income taxes for 2024. Answer is not complete. Complete this question by entering your answers in the tabs below. Complete the following table given below to record income taxes for 2024. Note: Amounts to be deducted should be entered with a minus sign
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