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please help Alsup Consulting sometimes performs services for which it recelves payment at the conclusion of the engagement, up to six months after services commence.

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Alsup Consulting sometimes performs services for which it recelves payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collectlons, and pretax accounting income for 20232026 are as follows: There are no differences between accounting income and taxable income other than the temporary dilference described above. The enacted tax rate for each year is 25%. (Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue recelvable at December 31,2023 2026.) Required: 1. to 3. Prepare the appropriate journal entries to record Alsup's 2024 income taxes 2025 income taxes, and 2026 income taxes. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first occount fieid. Enter your answers in whole dollors. in whole dollors. Journal entry worksheet

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