Winnie-the-Pooh Corp. reports pretax accounting income of $186,000, but due to a single temporary difference, taxable income is only $143,000. At the beginning of the year, no temporary differences existed. Winnie-the-Pooh is subject to a tax rate of 25%. The journal entry to record Winnies income taxes would include:

Group of answer choices

dr. Income tax payable $35,750

None of the options listed.

dr. Income tax expense $51,000

dr. Income tax expense $46,500

dr. Income tax expense $54,000

Mickey-n-Minnie Inc. started 2021 with a deferred tax liability of $200. As of the end of the period, Mickey-n-Minnie identifies future taxable amounts of $880. Mickey-n-Minnie has a tax rate of 25%, and calculates that taxes payable will be $130. Mickey-n-Minnies tax expense journal entry will include a:

Group of answer choices

None of the options listed.

Debit to tax expense for $250

Debit to tax expense for $230

Debit to tax expense for $150

Debit to tax expense for $170