BCB Corporation Has Made 11 Monthly Payments Totaling $160,000 for Its

Multiple Choice

BCB Corporation has made 11 monthly payments totaling $160,000 for its estimated annual income tax. At year end, income tax expense for BCB Corporation amounts to $185,000. The adjusting entry will involve a:

A) debit to Income Tax Payable for $25,000.
B) debit to Income Tax Expense for $185,000.
C) debit to Income Tax Expense for $25,000.
D) credit to Income Tax Payable for $185,000.