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please answer in accordance to wiley Current Attempt in Progress In 2023....

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Accounting

please answer in accordance to wiley
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Current Attempt in Progress In 2023. Swifty inc reported pretax accounting income of $131.100. In 2024, the company had a pretax accounting income of $63,700. In 2025, the company had pretax losses of $215,500. The following year, the company's pretax accountire income was $170,700. Income for tax purposes was the same as for accounting for all years. Swifty's tax rate was 25% for 2023 and 2024.28\% for 2025 and 26% for 2026 and subsequent years. The tax rates were all enacted by the beginning of 2023. Prepare the joumal entries for the years 2023 to 2026 to record income tawes. Assume that Swifty's policy is to carry back any tax losses first, and that at the end of 2025 , the loss carryforward benefits are judged more likely than not to be realized in the future. Swifty follows IFRS. (Credit account ticles are dutomatically indented when the amount is entered. Do not indent manually. If no entry is required, seiect "No Entry' for the account tities and enter O for the amounts. Recond journal entries in the order presented in the problem. List all debit entries before credit entries.)

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