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Required 1 Calculation Required 1 GJ Required 2 Required 3 Calculation Required 3 GJ Complete the following table given below to record Arnold's income taxes
Required 1 Calculation Required 1 GJ Required 2 Required 3 Calculation Required 3 GJ Complete the following table given below to record Arnold's income taxes for 2018. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Tax Rate % Tax $ Recorded as: ($ in millions) $ 38.0 Pretax accounting income Rent costs reversing in: 2019 2020 X 2021 X 2022 Total deferred tax amount 0.0 Income taxable in current year $ 38.0 Journal entry worksheet
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