Roberts Corporation reports pretax accounting income of $$186,000,$ but due to a single temporary difference, taxable income is only $$143,000.$ At the beginning of the year, no temporary differences existed. Roberts is subject to a tax rate of $25\%.$ Roberts Corporation reports pretax accounting income of

$$186,000,$ but due to a single temporary difference, taxable

income is only $$143,000.$ At the beginning of the year, no

temporary differences existed. Roberts is subject to a tax

rate of $25\%.$

Required:

Prepare the journal entry to record Roberts Corporation's

income taxes.

Record the income taxes.

Required:

Prepare the journal entry to record Roberts Corporation's income taxes.

Record the income taxes.

Transaction

General Journal

Debit

Credit

$1$