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Prepare the journal entries at the end of all three years to record current and deferred taxes. (Credit account titles are automatically indented when
Prepare the journal entries at the end of all three years to record current and deferred taxes. (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 O for the amounts.) Date Account Titles and Explanation 2020 Debit Credit (To record current tax expense) 2021 (To record deferred tax benefit) 2022 (To record current tax expense) (To record deferred tax expense) (To record current tax expense) (To record deferred tax expense)
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