Question: please answer the following questions. :) Use the information below to answer the following two items Roberto Co. had the following taxable income (loss) and
please answer the following questions. :)Use the information below to answer the following two items Roberto Co. had the following taxable income (loss) and tax rate information. 2020 175,000 35% 2021 (240,000) 25% 2022 280,000 25% D Question 13 The entry that Roberto will record at the end of 2021 will credit income tax expens Question 14 What entry will Roberto record at the end of 2022? The entry that Roberto will record at the end of 2021 will credit income tax expense for Question 14 2.5 pts What entry will Roberto record at the end of 2022? O Debit Income Tax Expense $70,000. Credit Deferred Tax Asset $60,000. Credit Income Tax Payable $10,000 O None of these O Debit Income Tax Expense $70,000, Credit Deferred Tax Asset $70,000. O Debit Income Tax Expense $70,000. Credit Deferred Tax Asset $56,000. Credit Income Tax Payable $14,000. Debit Income Tax Expense $70,000, Credit Income Tax Payable $70,000
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