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Nagle corporation computed its actual income taxes payable for 2018 to be $46,000. Because of differences in accounting procedures and income tax rules, the income

Nagle corporation computed its actual income taxes payable for 2018 to be $46,000. Because of differences in accounting procedures and income tax rules, the income taxes expenses to be reported for 2018 is $53,500. Prepare the journal form without explanation to record the income taxes expenses and income tax payable for 2016

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