2000 Support Recording and Reporting Multiple Temporary Differences The records of Cross Corporation provided the following income tax allocation data 2001 2022 2023 Taxable income 190.000 $80.000 SIN.000 57.000 Depreciation arende 15.000 6.000 6.000 15.0001 Bad debtor 0.000) (10.198.00 25.000 Pretex GAP come 56000 56.000 562.005 505,000 The depreciation adjustment results from a sference between the GAAP bass and tax basis of depreciable equipment The bad debt expense adjustment results from a difference between the GAAP basis and tax basis of net accounts receivable The deferred to accounts have a zero balance at the start of 2020. Tax rate is 25 Required Journal Entries Financial Statement Presentation 2. Record the income tax journal entry on December 31, 2020. b. Record the income tax journal entry on December 11, 2021 c. Record the income tax journal entry on December 31, 2022 d. Hecord the income tax joumal entry on December 31, 2123 NoteList multiple diabits (Wher applicable in alphabetical order and list multiple credits when applicable) in alphabetical order Notethe journal entry includes an extra ine that is not required, telect N/A as the account name and leave the Dr and Chantwe blanker) in the very last row of the journal entry Note: List multiple debits (when applicable) in alphabetical order and list multiple cre Note: If the journal entry includes an extra line that is not required, select "N/A" as th Dr. Cr. 0 a. Date Account Name Dec. 31, 2020 Deferred Tax Asset W Deferred Tax Asset Valuation Allowance for Deferred Tax Asset Income Tax Payable Liability for Unrecognized Tax Benefits b. Deferred Tax Liability Date Income Tax Expense Dec 31, 2021 N/A O O O O O O O O Dr. Cr. 0 0 o 0 0 0 0 DM Dut Account Nam Dec 31 2220 Deferred to set . . = O 0 0 Date A Name Dec 31, 2021 Deferred Tax Acte Support . 0 ALI Nam Oulu Dec 2008 . + 3 d. Account Name CA Dec 31, 2005 . . . O 0 Required Journal Entries Financial Statement Presentation 2. Prepare the income tax section of the incoine statement for 2020 and provide the disclosure of current and deferred tax expense, Indicate the defert Income tax amount that would be recognized on the balance sheet at December 31, 2020 Note Do not use negative sgos with your answers Support Partial income tamen For the yow ended Dec 21.00 comfort in.com come come Financial Statement Disclosure Current tax Total income 0 Balance Shut D231 2020 D Partial Income Statement For the year ended December 31, 2020 Income before income taxes Income tax expense Net income $ 0 0 $ 0 Financial Statement Disclosure 2020 Current tax expense $ $ 0