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omy Torr.. Homepage - Fansh. MyPrimus Course Home Account Homepage To Do Assignments. Play Kahoot - Enter of-Chapter Practice Question 4 of 10 0.85/15 Your

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omy Torr.. Homepage - Fansh. MyPrimus Course Home Account Homepage To Do Assignments. Play Kahoot - Enter of-Chapter Practice Question 4 of 10 0.85/15 Your answer is partially correct. At December 31, 2019, Bramble Inc had a deferred tax asset of $40,000. At December 31, 2020, the deferred tax asset is $ 64,800. The corporation's 2020 current tax expense is $ 68,500. What amount should Bramble report as total 2020 income tax expense? $ 93300 Total income tax expense Prepare the journal entries to record income taxes for 2020. (Credit account titles are automatically indented when the amount is entered Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation 68500 Current Tax Expense ENG SOTAM 2010 23 5C Partly sunny g ype here to search -Chapter Practice uestion 4 of 10 0.85/1 Prepare the journal entries to record income taxes for 2020. (Credit account titles are automatically indented when the amount is entere Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Current Tax Expense 68500 68500 Income Tax Payable (To record current tax expense) 24800 Deferred Tax Asset 2800 (To record deferred tax expense) S'C Partly sunny e here to search

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