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Net Operating Losses - Chapter 19: Year Taxable Income Tax Rate Taxes Paid 2015 $100,000 35% $35,000 2016 $50,000 30% $15,000 2017 ($220,000) 21% 2018
Net Operating Losses - Chapter 19: Year Taxable Income Tax Rate Taxes Paid 2015 $100,000 35% $35,000 2016 $50,000 30% $15,000 2017 ($220,000) 21% 2018 $120,000 21% (enacted) 2019 $140,000 21% (enacted) 2017 entry: 2018 entry: 2019 entry: 2017 Income Statement
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
