ses/ [Sheridan 05/2020) ACCG 17937 1B - Section 301 / CHAPTER 5 - Corporations: Contributed Capital and Hutchins Company reported its net income before tax of $270,000 for the fiscal year ended December 31, 2017 Assuming its applicable tax rate is 30%, the journal entry to record income tax expense is: Select one: a. Debit Income Tax Receivable; Credit Cash b. Debit Income Tax Payable; Credit Income Tax Expense O c. Debit Income Tax Payable; Credit Cash d. Debit Income Tax Expense: Credit Income Tax Payable Next page to search O