Question: a. At December 31, 2018, temporary differences were associated with the following future taxable (deductible) amounts: Depreciation Prepnid expenses Narranty expenses 8ee0 15.000 (iea0e) b.


a. At December 31, 2018, temporary differences were associated with the following future taxable (deductible) amounts: Depreciation Prepnid expenses Narranty expenses 8ee0 15.000 (iea0e) b. No temporary differences existed at the beginning of 2018 c Pretax accounting income was $58 000 and taxable income was $13000 for the year ended December 31 2018 The tax rate is 35% Required Complete the following table given below and prepare the appropriate journal entry to record income taxes for 2018. complete this question by entering your answers in the tabs below. CalculationGeneral Journal Complete the following table given below to record income taxes fo 2018( . (Negative amounts should be entered with a minus ecorded Pretax accounting income Permanent differences Warranties Income subject to taxation Temporary Differences 58 000 58 000 x Income taxable in current year 558,000 x General Joumel > Journal entry worksheet Record 2018 income taxes. Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry View general journal Colciulation
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