QUESTION 2 3 point When making the journal entry to appropriate account for income tax expense, deferred taxes, and income taxes payable, which value should be calculated as the plug figure? O Deferred Taxes O Income Taxes Payable Cash Paid as Taxes Income Tax Expense 3 points QUESTION 3 Which of the following is NOT a way that deferred taxes affect the financial statements? They change the calculation of cash paid for taxes in Cash Flows from Operations. They change the calculation of total current assets on the balance sheet. They change the calculation of retained earnings on the statement of retained earnings They change the calculation of income tax expense on the income statement