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Splish Brothers Inc. has recorded all necessary adjusting entries, except for income tax expense, at its fiscal year end, July $31,2024.$

The following information has been taken from the adjusted trial balance:

All accounts have normal balances and total assets equal $$964,650.$ Splish Brothers has a $20\%$ income tax rate.

$($a$1).$

Question Part Score

$($a$2)$

Prepare required journal entry to adjust income tax expense. $($Credit account titles are automatically indented when the amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List debit entry

before credit entry.$)$

Date

Account Titles

Debit

Credit

July $31$

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