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Which of the following is false regarding corporate income taxes? Multiple Choice Corporations are subject to income taxes. Corporate taxes must be paid monthly. Corporations
Which of the following is false regarding corporate income taxes? Multiple Choice Corporations are subject to income taxes. Corporate taxes must be paid monthly. Corporations must estimate their income tax liability when preparing financial statements. Income tax expense is created by corporations earning income. Corporations accrue incomes taxes payable with an adjusting journal entry
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