In a 2017 unadjusted trial balance for a corporation can there be a DR balance in the Income Tax Payable account? Narrative is that the corporation did pay income taxes of $400,000 for tax year 2017. Does not give journal entries etc no other context of exactly when it was paid just that it was paid. *However, this is before total end of year 2017 income taxes are calculated. If I calculate at the end of 2017 that it is $600,000 total income taxes due for 2017. Would my adj journal entry be

31-Dec-17 Journal Entry

Federal Income Tax Expense 600,000 (DR)

Income Tax Payable 600,000 (CR)

To recognize federal income tax expense for 2017

T account for Income Tax Payable would be

Beginning Bal. 400,000 DR, 600,000 CR Ending Bal 200,000 CR

T account for Federal Income Tax Expense would be

Beginning Bal. 0, 600,000 DR Ending Bal 600,000 DR

My adjusted Trial Balance would have entries of:

Income Tax Payable 200,000 (CR)

Federal Income Tax Expense 600,000 (DR)