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Ivanhoe Inc. reports the following pretax income (loss) for both book and tax purposes. The tax rates listed were all enacted by the beginning of

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Ivanhoe Inc. reports the following pretax income (loss) for both book and tax purposes. The tax rates listed were all enacted by the beginning of 2023 . Prepare the journal entries for years 2023-2026 to record income tax expense (benefit) and income taxes payable (refundable), and the tax effects of the loss carryforward, assuming that based on the weight of available evidence, it is more likely than not that one-half of the benefits of the loss carryforward will not be realized. (List all debit entries before credit entries. Credit occount titles are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. 2025 (To record income taxes.) (To record allowance.) 2026 (To record allowance.) 2026 (To record income taxes.) (To adjust allowance.) Ivanhoe Inc. reports the following pretax income (loss) for both book and tax purposes. The tax rates listed were all enacted by the beginning of 2023 . Prepare the journal entries for years 2023-2026 to record income tax expense (benefit) and income taxes payable (refundable), and the tax effects of the loss carryforward, assuming that based on the weight of available evidence, it is more likely than not that one-half of the benefits of the loss carryforward will not be realized. (List all debit entries before credit entries. Credit occount titles are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. 2025 (To record income taxes.) (To record allowance.) 2026 (To record allowance.) 2026 (To record income taxes.) (To adjust allowance.)

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