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Brief Exercise 16-9 (modified): Differences between financial statement and taxable income were as follows: The...

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Brief Exercise 16-9 (modified): Differences between financial statement and taxable income were as follows: The enacted tax rate is 25%. Prepare the year's tax entry to find tax expense. What is net income? Brief Exercise 16-9 (modified): Differences between financial statement and taxable income were as follows: The enacted tax rate is 25%. Prepare the year's tax entry to find tax expense. What is net income

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