(Solution) - Cather Corporation has made and recorded its quarterly income ta -(2025 Original AI-Free Solution)

Paper Details

Cather Corporation has made and recorded its quarterly income tax payments. After a final review of taxes for the year, the company identifies an additional $30,000 of income tax expense that should be recorded. A portion of this additional expense, $8,000, is deferred for payment in future years. Record Cather?s year-end adjusting entry for income tax expense.