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list of accounts are provided. thank u Account Titles and Explanation Debit Credit 2022 2023 2024 2025 2026 eTextbook and Media The pretax financial income

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Account Titles and Explanation Debit Credit 2022 2023 2024 2025 2026 eTextbook and Media The pretax financial income (or loss) figures for Shamrock Company are as follows. Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 20% tax rate for all years. Prepare the journal entries for the years 2022 to 2026 to record income tax expense and the effects of the net operating loss carryforwards. All income and losses relate to normal operations. (In recording the benefits of a loss carryforward, assume that no valuation account is deemed necessary.) (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, setct "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Allowance to Reduce Deferred Tax Asset to Expected Realizable Value Benefit Due to Loss Carryback Benefit Due to Loss Carryforward Deferred Tax Asset Deferred Tax Liability Income Tax Expense Income Tax Payable Income Tax Refund Receivable No Enky

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