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PLEASE HELP ASAP! Question 12 1 pts On December 31, we had accrued taxes of $6,000. What account would we debit when we record the
PLEASE HELP ASAP!
Question 12 1 pts On December 31, we had accrued taxes of $6,000. What account would we debit when we record the adjusting entry for accrued taxes on December 31? Ocash O income taxes expense Oincome taxes payable accounts payable Question 13 1 pts Annual depreciation on equipment amounted to $27,950 for the current year. What account would we credit when we record this adjusting entry in the general journal? Odepreciation expense equipment cash accumulated depreciation, equipmentStep by Step Solution
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