The Companys taxable income for 2019 is $4,800,000 and the corporate federal tax rate is...
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Accounting
The Companys taxable income for 2019 is $4,800,000 and the corporate federal tax rate is 30%. The Company made three equal deposits of $300,000 against the obligation in 2019.
Determine if a Liability exists at 12/31/19? If so, enter amount in highlighted box and show work below:
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