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Business, 04.04.2020 11:43 andrwisawesome0
A future taxable amount means taxable income will be relative to pretax accounting income, whereas a future deductible amount means taxable income will be relative to accounting income Multiple Choice Decreased; decreased Increased: increased Decreased; increased
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For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
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