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on 31 In regards to corporate income tax, which of the following statements is incorrect? o When the corporation makes payment for federal income taxes,
on 31 In regards to corporate income tax, which of the following statements is incorrect? o When the corporation makes payment for federal income taxes, the account Income Tax Payable is cre 0 Income Tax Expense is recorded when the federal income tax is incurred O Federal income taxes are calculated on a corporate tax return The amount of income taxes that the corporation owes but has not yet paid is classified as a curren
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