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present information related to Williamson's first 3 years of operation: (Click the icon to view the data.) income is not included in income before tax
present information related to Williamson's first 3 years of operation: (Click the icon to view the data.) income is not included in income before tax and taxable income.) Read the requirements. Requirements a. Prepare the journal entries required to record the tax provision for all 3 years, Requirement a. Prepare the journal entries required to record the tax provision for all 3 years, as well as the journal entry needed as well as the journal entry needed to record the effect of the tax rate change on any deferred tax accounts. explanations from any journal entries.) b. Determine the net income reported on the income statement for all 3 years. Begin with the journal entry required to record the tax provision for Year 1. c. Prepare the footnote, in dollars and percentages, required to reconcile the company's federal statutory income tax rate with its effective tax rate. Data table
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