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4) JOHNSON BOOKED THE FOLLOWING ENTRY FOR ITS CURRENT YEAR TAX EXPENSE INCOME TAX EXPENSE DEFERRED TAX LIABILITY TAXES PAYABLE 117,470 7,480
Hi anyone know how to get the answer 15,100? or the answer?
The questions is the applicable tax rate is 34%, what was the beginning vacation accrual?
4) JOHNSON BOOKED THE FOLLOWING ENTRY FOR ITS CURRENT YEAR TAX EXPENSEINCOME TAX EXPENSEDEFERRED TAX LIABILITYTAXES PAYABLE117,4707,480JOHNSON'S DEPRECIATION ACCRUAL FOR THE BEG AND END OF THE YEAR WAS AS FOLLOWS:124.950BEGEND49,00039.BOOdr. 420JOHNSON'S VACATION ACCRUAL FOR THE BEG AND END OF THE YEAR WAS AS FOLLOWS:BEGEND27,900THE APPLICABLE TAX RATE IS 34%, WHAT WAS THE BEGINNING VACATION ACCRUAL? (5 POINTS15,100HInS NED B