Question: Multiple Select Question Select all that apply Crane Corp. has pretax accounting income of $ 1 0 0 , 0 0 0 . Crane has

Multiple Select Question
Select all that apply
Crane Corp. has pretax accounting income of $100,000. Crane has rent received in advance of $10,000. It is expected that Crane will report the unearned revenue in the following year. Crane has tax depreciation that is $25,000 more than depreciation expense for financial reporting purposes. The enacted tax rate is 30%. Which of the following entries will be included in the journal entry to record income tax at year-end?
Multiple select question.
Credit deferred tax liability $4,500.
Credit deferred tax liability $7,500.
Debit deferred tax asset $3,000.
Debit income tax payable $30,000.
Credit taxes payable $25,500.

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