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The Adjusting Entry to Recognize Income Taxes Due on a Profit

Question 11

Multiple Choice

The adjusting entry to recognize income taxes due on a profit of $100,000 and a tax rate of 40% is: The adjusting entry to recognize income taxes due on a profit of $100,000 and a tax rate of 40% is: A) A B) B C) C D) D


A) A
B) B
C) C
D) D

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