Question
The income tax rate is 30% on current and is payable in the first quarter of 2014. The pretax income before the preceding adjusting entries is $6,800.
The accounts are;
Income tax expense
Income tax payable.
I do not understand this question and what it is asking for. Can you help me?
The accounts are;
Income tax expense
Income tax payable.
I do not understand this question and what it is asking for. Can you help me?
Answers
sugar
answer is 450