All of the accounts of the Grass is Greener Company have been adjusted as of...
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Accounting
All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2018, with the exception of income taxes incurred but not yet recorded. Those account balances appear below. All have normal balances. The estimated income tax rate for the company is 30%. $ 358.340 767.950 4,650 7. 15e 11,980 228.400 679.580 134, see 288,780 87. 180 Cash Accounts Receivable Interest Receivable Prepaid Insurance Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Income Tax Payable Salaries and Wages Payable Notes Payable (long-term) Long-Term Debt Common Stock Retained Earnings Dividends Service Revenue Interest Revenue Supplies Expense Repairs and Maintenance Expense Depreciation Expense Rent Expense Income Tax Expense 25,580 363,840 236, 60e 389,00 213, eee 21,400 925,000 121,180 343,280 253,500 59,150 31, 20e Unknown Requlred: a. Calculate the income before income tax. b. Calculate the income tax expense. c. Calculate the net income. Income Before Income Tax Income Tax Expense Net Income
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