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Title: Flexity Corporation, whose income tax rate is 35%, has taxable income of $592,600 and pretax ... Post by: Harrison on Nov 10, 2017 Flexity Corporation, whose income tax rate is 35%, has taxable income of $592,600 and pretax accounting income of $494,000. The entry to record the income tax includes a:
A) debit to Income Tax Expense for $207,410 B) credit to Income Tax Payable for $207,410 C) credit to Income Tax Payable for $172,900 D) debit to Income Tax Payable for $172,900 Title: Re: Flexity Corporation, whose income tax rate is 35%, has taxable income of $592,600 and pretax ... Post by: rjckE on Nov 10, 2017 B
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