Prepare the appropriate journal entry to record ezs income

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Question

EZ, Inc., reports pre-tax accounting income of $319,000, but dude was single temporary difference, taxable income is $410,000. At the beginning of the year, no temporary differences existed. EZ is subject to a tax rate of 35%

Prepare the appropriate journal entry to record EZ's income taxes.

Reference no: EM132322200

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