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This question has different numbers than the previous question. Company B started business on January 1 , 2 0 X 1 , and bought the
This question has different numbers than the previous question. Company B started business on January X and bought the following piece of equipment. Cost of asset $ Salvage Useful life Tax rate X estimated tax payment Depreciation for book and tax purposes is as follows: Book Tax X X X X X X income statement information: Sales Expenses does not include depreciation expense and tax expense What is the ending balance of taxes payable on the December X balance sheet?
This question has different numbers than the previous question.
Company B started business on January X and bought the following piece of equipment.
Cost of asset $
Salvage
Useful life
Tax rate
X estimated tax payment
Depreciation for book and tax purposes is as follows:
Book Tax
X
X
X
X
X
X income statement information:
Sales
Expenses does not include depreciation expense and tax expense
What is the ending balance of taxes payable on the December X balance sheet?
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