Calculate the effective tax rate calculate the provision, Financial Accounting

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Calculate the effective tax rate calculate the provision

25. ABC Corp Prepares Quarterly interim reports. The following info was taken from their financial records For the Quarter Ended 06-30-2014

286_Calculate the Effective Tax rate.png

Required:

1. Calculate the Effective Tax rate

2. Calculate the provision for incomes taxes for Qtr. 2

3. Prepare the journal entry to record income tax expense for Qtr. 2

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Financial Accounting: Calculate the effective tax rate calculate the provision

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Financial Accounting: Calculate the effective tax rate calculate the provision

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