Accounting for Corporation and Manufacturing Businesses?

The adjust entry to story auxiliary income taxes owed at the conclude of the accounting term includes:
a)debiting Corporation Income Tax Payable and crediting Income Tax Payable.
b)debiting Factory Overhead and crediting Corporate Income Tax Payable.
c)debiting Income Tax Expense and crediting Corporate Income Tax Payable.
d)debiting Income Tax Expense and crediting Factory Overhead.
According to me it will be (c)

Answers:
"C" is correct...


  • Has anyone gone thru OUTSOURCING?
  • How do companies close to G00GLE and ask.com fashion money?
  • Question roughly speaking Amazon?
  • Are in attendance law against requiring workforce to reimburse unaccountable money?
  • Is it true that by earn 50000 points they will generate you the president of the yahoo corporation?