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Mar n Company ended the fiscal year on August 3 1 , 2 0 2 3 . On December 1 5 , 2 0 2
Marn Company ended the fiscal year on August On December the company filed its tax return for the aforementioned tax year and debited the "Income taxes payable" account and credited the "Cash" account for $ The company:
a Had an income tax expense of $ for the year ended August
b Will have an income tax expense of $ for the year ended August
c Made a mistake because it was supposed to debit the "Income tax expense" account.
d Made a mistake because it was supposed to debit the "Prepaid taxes" account.
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