The adjusting entry to record the accrual of income tax expense includes a: O A. credit to Income Tax Expense. B. debit to Income Tax Payable. O C. credit to Accounts Payable. O D. credit to Income Tax Payable.

SWFT Corp Partner Estates Trusts
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ISBN:9780357161548
Author:Raabe
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Chapter14: Taxes On The Financial Statements
Section: Chapter Questions
Problem 47P
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The adjusting entry to record the accrual of income tax expense includes a:
O A. credit to Income Tax Expense.
B. debit to Income Tax Payable.
C. credit to Accounts Payable.
D. credit to Income Tax Payable.
Transcribed Image Text:The adjusting entry to record the accrual of income tax expense includes a: O A. credit to Income Tax Expense. B. debit to Income Tax Payable. C. credit to Accounts Payable. D. credit to Income Tax Payable.
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