The following information is available for Riverbed Corporation for 2024(its first year of operations). ...
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The following information is available for Riverbed Corporation for its first year of operations Excess of tax depreciation over book depreciation, $ This $ difference will reverse equally over the years Deferral, for book purposes, of $ of rent received in advance. The rent will be recognized in Pretax financial income, $ Tax rate for all years, a Compute taxable income for Taxable income $ Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for List all debit entries before credit entries. Credit account titles are 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. 
The following information is available for Riverbed Corporation for its first year of operations
Excess of tax depreciation over book depreciation, $ This $ difference will reverse equally over the years
Deferral, for book purposes, of $ of rent received in advance. The rent will be recognized in
Pretax financial income, $
Tax rate for all years,
a
Compute taxable income for
Taxable income $
Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for List all debit entries before credit entries. Credit account titles are 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.
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