Answer:
When someone resigns from the the Academy of Motion Picture Arts and Sciences that means no longer have any voting rights. They also no longer get access to Academy screenings of films to watch before voting. Also, it’s customary that the prior year’s winner, especially in the acting categories presents the award to following year’s Oscar winner.
Explanation:
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The journal entry to recognize Baginski’s 2025 tax expense includes a Debit to Income tax expense and Credit to Income tax payable.
<h3>What is a tax expense or benefit?</h3>
The tax expense refers to the total amount of taxes owed by an individual, corporation or other entity to a taxing authority while the tax benefit refers to the refers to any tax law that helps one reduce tax liability.
In accounting, the companies record an income tax expense as a debit and income tax payable as a credit in journal entries.
<h3>Journal entry to recognize Baginski’s 2025 tax expense or tax benefit.</h3>
Date General Journal Debit Credit
Income tax expense $62,500
($250,000 * 25%)
Income tax payable $62,500
(To record the tax expense for 2025)
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Answer:
What is the rhetoric theme in the second chapter?
Explanation:
