Question: I need help with required 2 : I understand that the general journal is : Income tax expense debit 7.1 Deferred tax liability credit ?

I need help with required 2 : I understand that the general journal is : Income tax expense debit 7.1 Deferred tax liability credit ? Income tax payable credit ? I need help figuring out the two amounts for credit please. I have tried 3.6 it's wrong

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!