Refer to the information for Viceron Inc. and your answer in BE13-6. Prepare an income statement for
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For the year ended June 30, 2017, Viceron Inc. had service revenue of $800,000 and operating expenses of $575,000. The company has a 15% income tax rate. No income tax installments have been paid or recorded. Prepare the journal entry to record income tax.
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Accounting Principles
ISBN: 978-1119048473
7th Canadian Edition Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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