The following information is available for Oriole Corporation for 2025. Depreciation reported on...
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Accounting
The following information is available for Oriole Corporation for Depreciation reported on the tax return exceeded depreciation reported on the income statement by $ This difference will reverse in equal amounts of $ over the years Interest received on municipal bonds was $ Rent collected in advance on January totaled $ for a year period. Of this amount, $ was reported as unearned at December for book purposes. The tax rates are for and for and subsequent years. Income taxes of $ are due per the tax return for No deferred taxes existed at the beginning of a b c automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Date Account Titles and Explanation Debit Credit
The following information is available for Oriole Corporation for
Depreciation reported on the tax return exceeded depreciation reported on the income statement by $ This difference will reverse in equal amounts of $ over the years
Interest received on municipal bonds was $
Rent collected in advance on January totaled $ for a year period. Of this amount, $ was reported as unearned at December for book purposes.
The tax rates are for and for and subsequent years.
Income taxes of $ are due per the tax return for
No deferred taxes existed at the beginning of
a
b
c automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.
Date Account Titles and Explanation
Debit
Credit
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