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Sheridan company reports pretax financial income of 7 3 6 0 0 for 2 0 2 5 the folowing items cause taxable income to be
Sheridan company reports pretax financial income of for the folowing items cause taxable income to be different than pretax financial income. depriciation on tha tax return in greater than depreciation on the income statement by rent collected on the tax return is greater than rent recognized on the inome statement by fines for pollution appear as an expense of on the income statement sheridan tax rate is
Prepare the journal entry to records income tax expense, deferred tax asset, deferred tax liability and income tax payable for
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