now all the pics are clear thanks me to let me know
TR17-7 Benefits of Carryback and Carryforward (LO 17-2) Saturn Ltd, began operations in 20X3. For the first six years of operations, the company had the following pre tax net earnings (los) Year 20x3 20X4 20x5 2exs 20X7 20XB Taxable Income $ (250,000) 1,500,000 1,825.000 (5,400,000) 575,000 1,250,000 Rate 25% 303 -30% 30% 35% 35% There have been no temporary differences between pre tax accounting income and taxable income In all years, the probability of loss carryforward use was low. Required: For each year, prepare a journal entry or entries to record income tax expense (recovery of no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 7 5 8 1 9 2 each year, prepare a journal entry or entries to record income tax expense (recovery).(If no entry is requir transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 > Record the entry Income tax expense 20X3. Note: Enter debits before credits. Date General Journal Debit Credit 20X3 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery). (If no entry is transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry Income tax expense 20X4. Note: Enter debits before credits. Debit General Journal Credit Date 20x4 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery) (If no entry is re transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry Income tax payable 20x4. Note: Enter debits before credits. Debit Credit Date General Journal 20X4 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery). (If no entry is rec transaction, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 3 5 M 6 7 8 9 > Record the entry Income tax expense 20X5. Note: Enter debits before credits General Journal Debit Credit Date 20X5 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery)-(If no entry is rec transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry Income tax reverse expense 20x7. Note: Enter debits before credits, Date General Journal Debit Credit 20x7 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery) (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 9 Record the entry Income tax expense 20X8. Note: Enter debits before credits, Debit General Journal Credit Date 20x8 Required: For each year, prepare a journal entry or entries to record income tax expense (recovery Of no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry Income tax expense 20X3. View transaction list Journal entry worksheet 1 he 3 4 5 6 7 B 9 Record the entry Income tax expense 20x4. Note: Enter debits before credits. Date General Journal Debit Credit 20X4 View transaction list Journal entry worksheet Record the entry Income tax payable 20x4. Note: Enter debits before credits. Date General Journal Debit Credit View transaction list Journal entry worksheet
