Answer:
a. Income Tax Expense (Dr.) $298,000
Deferred Tax (Dr.) $30,000
Income Tax Payable (Cr.) $328,000
Explanation:
b. Income Tax expense (Dr.) $30,000
Allowance to reduce deferred tax value to NRV (Cr.) $30,000
Income tax payable is calculated based on tax rate of 40%.
$820,000 * 40% = $382,000
Answer:
Earns college credit for working in the job field related to his/her career or educational goals.
Has the opportunity to earn money while learning.
Learns what work in the related career field is all about.
Increases employability and earning power.
Increases the potential to advance within the career field.
Explanation:
This would be D- an opportunity for True Taste to thrive in their community.
(A) cost of goods inventory, hope it helps
