Q. Hunt C o began operations in 2025. Estimated warranty expense of $800,000 will be...
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Q Hunt o began operations in Estimated warranty expense of $ will be deductible in $ in and $ in The use of the depreciable assets will result in taxable amounts of $ in each of the next three years. Pretax financial income was $ Instructions a Prepare a table of future taxable and deductible amounts. b Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for assuming an income tax rate of for all years 
Q Hunt o began operations in Estimated warranty expense of $ will be deductible
in $ in and $ in The use of the depreciable assets will result in
taxable amounts of $ in each of the next three years. Pretax financial income was
$
Instructions
a Prepare a table of future taxable and deductible amounts.
b Prepare the journal entry to record income tax expense, deferred income taxes, and income
taxes payable for assuming an income tax rate of for all years
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