YOU MUST ENTER YOUR TOTALS BELOW TO RECEVE ANY POINTS FOR YOUR T ACCOUNT POSTINGS! Be sure to have included your income Tax adjustment after calcuating the income before tax net income check 1 input Totals Debits Total Credits Total Assets Total Liabilities Total Stock/Equity Revenue Expense Net income. before Tax income Tax 20% Net income. Do your Debitss = your credits? Does your equation balance? A-L-S-E+E-0? January Events Adjusting Entries