Recording Multiple Temporary Oifferences. Multiple Tax Rates rest year, and sim for yoars thereatser.

Required

a$.$ Prepare schedules to compute the deferted fax bidarices con Docember $31.$

Note Do mot use negaties signs with your arewers.

b$.$ Prepare the currenc year jour nal entry to recond income tax expense. assuming zero besinning balances in deferted tax acoounts. blank faerol.

$\backslash$table$[[$Bate$,$Acenunt Wame,,,C$.,],[$Dec$.31,$ Kea: $1,$income Tax Experes,$s,0,$D$,5],[$Deferred Tax Llabity,$,0,0,$x$],[$Income fax Fyable,$,$a$,0,*],[$RUS$,-,0,$D$,x$