1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Contact [7]
3 years ago
11

Which account reflects the amount an entity pays to the IRS for corporate taxes

History
2 answers:
lutik1710 [3]3 years ago
6 0

income tax payable; is compiled of taxes due to the government in one year

emmasim [6.3K]3 years ago
6 0

The correct answer to this open question is the following.

The account that reflects the amount an entity pays to the IRS for corporate taxes is the Income Tax Payable account.

Everybody has to pay taxes. It is one of the citizens' responsibilities. Of course, corporations and all kinds of businesses have to pay taxes too. Thes companies had to pay income tax regarding the profits they earned during any given period. The company elaborates its balance sheet and has a special account in the section of liabilities. It is called the Income Tax Payable account.

You might be interested in
What is the overall impact of social and economic change in Europe on working people​
katovenus [111]

Answer:

For wage labourers, the autonomy of work declined; more people worked under the daily direction of others.

Explanation:

6 0
2 years ago
Reading Washington’s words, how would you describe Washington’s attitude toward the American south and its people
mixer [17]

The correct answer:

according to Washington's words in the atlanta compromise, an attitude that promotes equality among all American citizens, whites and blacks, is clearly shown.  With a degree of caution, he advocated a slow approach toward the rights of black Americans because of the impact it could have on the white population.

He had a more peaceful vision for successfully achieving the social change he wanted to implement throughout society. He encourages blacks to improve through service and work. According to these words, his attitude was considered impartial and powerless. For many, he was considered impartial in his ideas and accommodated to the interests of white Americans.

5 0
3 years ago
What were the issues that were causing our new country to fall apart?
Stolb23 [73]
Too many countries wanted to take over. Wanted to be the best and so they ended up having alias and getting countries against each other.
8 0
3 years ago
Is it ever possible to be a juror in a case if you know one of the attorneys in the case?
lisov135 [29]

Answer:

There is no way to be impartial

Explanation:

3 0
2 years ago
Which statement about the counterculture of the 1960s is true?
dolphi86 [110]
"<span>Many young people rebelled against their parents' politics and values" is by far the best choice since many in the movement were against the war and very liberal. </span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Plz help! 25 points for answer!
    11·2 answers
  • In march 2016, the florida american civil liberties union found that 23% of the inmates ______ were being kept in solitary confi
    6·1 answer
  • Why did adolf hitler and the nazis persecute jewish germans?
    10·2 answers
  • 08/20-21/20- The Jungle
    13·1 answer
  • Progressives believed that direct election of senators would help _______________.
    12·1 answer
  • Which statement best expresses the concerns of the founders of the American Government?
    8·2 answers
  • To which religions did Islam spread mainly as a result of trade and travel
    11·1 answer
  • What was symbolic about the Berlin Wall falling on November 9, 1989?
    5·2 answers
  • Briefly discuss the major reasons for global terrorism?​
    9·1 answer
  • What role did the south African women play against violation of human rights from 1950s to 1960s​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!