Unadjusted trial balance dated december 31 2015 reports
Unadjusted trial balance dated December 31, 2015, reports Income Taxes Expense of $70,000, and Income Taxes Payable of $20,000. The company’s accountant estimates that income taxes expense for the entire year ended December 31, 2015, is $85,000.
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a firmrsquos balance sheet has the following entries cash 30000000 total assets 100000000 common stock 10000000
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unadjusted trial balance dated december 31 2015 reports income taxes expense of 70000 and income taxes payable of 20000
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