Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: After making four quarterly estimated payments of $3,500, a corporation's actual income tax liability for the year is $17,200. The year-end adjusting entry would require (Points : 3) a debit
to Income Tax Payable for $3,200. a debit to Cash for $3,200. a credit to Cash for $3,200. a debit to Income Tax Expense for $3,200.
A: After making 4 quarterly estimated payments of $3,500 each, a corporation's actual income tax liability.
Get an answer
Original conversation
User: The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount. (Points : 3) True False

User: If the stated interest rate on bonds is less than the current market rate, the bonds will sell at a discount. (Points : 3) True False

User: After making four quarterly estimated payments of $3,500, a corporation's actual income tax liability for the year is $17,200. The year-end adjusting entry would require (Points : 3) a debit to Income Tax Payable for $3,200. a debit to Cash for $3,200. a credit to Cash for $3,200. a debit to Income Tax Expense for $3,200.

Weegy: After making 4 quarterly estimated payments of $3,500 each, a corporation's actual income tax liability.
Expert answered|jeifunk|Points 10432|



Question
Asked 9/19/2013 11:52:48 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
27,077,631 questions answered
Popular Conversations
Skipping stitches may be the result of using A. a bobbin tension that ...
Weegy: Skipping stitches may be the result of using a needle that is too fine for the thread.
8/23/2017 11:39:06 AM| 0 Answers
Which of the following countries has the highest number of Fortune ...
Weegy: UNITED STATES has the highest number of Fortune 100 companies.
8/23/2017 1:32:10 AM| 0 Answers
Plot, character, and setting do not affect one another. True False ...
Weegy: Plot, character, and setting do not affect one another. FALSE. User: The words he said are considered ...
8/18/2017 8:46:59 AM| 0 Answers
Weegy Stuff
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 3] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.