Solution-Determine total income tax expense

Determine total income tax expense

Reference no: EM133173754

Question - Blacka Inc. recorded the following deferred tax amounts.

	Dec. 31, 2019	Dec. 31, 2020
Deferred tax liability	$6,000	$10,200
Deferred tax asset	15,600	7,200

Required - If the company had current tax expense of $31,200 in 2020, determine total income tax expense for 2020.

Reference no: EM133173754

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Determine total income tax expense : Blacka Inc. recorded the following deferred tax amounts. If the company had current tax expense of $31,200 in 2020, determine total income tax expense for 2020

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Determine total income tax expense

Reference no: EM133173754

Reference no: EM133173754

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