Question: Help Save & Exit Submit The DeVille Company reported pretax accounting income on its income statement as follows: 2018 2019 2e2e 2021 $420, eee 340,

Help Save & Exit Submit The DeVille Company reported pretax accounting income on its income statement as follows: 2018 2019 2e2e 2021 $420, eee 340, eee 410, eee 450, eee Included in the income of 2018 was an installment sale of property in the amount of $58.000. However, for tax purposes, Deville reported the income in the year cash was collected. Cash collected on the installment sale was $23.200 in 2019. $29.000 in 2020 and $5,800 in 2021. Included in the 2020 income was $24,000 interest from investments in municipal bonds The enacted tax rate for 2018 and 2019 was 30%, but during 2019 new tax legislation was passed reducing the tax rate to 25% for the years 2020 and beyond. Required: Prepare the year-end journal entries to record income taxes for the years 2018-2021. (If no entry is required for a transaction/event. select "No journal entry required in the first account field.) View transaction list
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