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Tamarisk Inc. reports the following pretax income (loss) for both financial reporting...

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Accounting

Tamarisk Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes.
Tamarisk Inc. follows IFRS.
The tax rates were all enacted by the beginning of 2023.
(a)
Prepare the journal entries for the years 2023 to 2026 to record income taxes, assuming the tax loss is first carried
back and that at the end of each year, the loss carryforward benefits are judged more likely than not to be realized
in the future. (Credit account titles are automatically indented when the amount is entered. Do not
indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for
the amounts. Record journal entries in the order presented in the problem. List all debit entries
before credit entries.)
(To record benefit from loss carryback)
(To record deferred tax benefit from loss carryforward)
(To record current tax expense)
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