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Standard XII

Accountancy

Changes in Outstanding Expenses

Beginning Inc...

Question

Beginning Income Tax Payable − Ending Income Tax Payable + Income Tax Expense is equal to ___

Cash paid to suppliers

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Cash receipts from customers

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Intcome tax payments

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Cash Payments for Prepaid Assets

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Solution

The correct option is C
Intcome tax payments

Beginning income tax payable − Ending income tax payable + Income tax expense = Income tax payments

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Beginning Income Tax Payable − Ending Income Tax Payable + Income Tax Expense is equal to ___

The correct option is C Intcome tax payments Beginning income tax payable − Ending income tax payable + Income tax expense = Income tax payments

The correct option is C
Intcome tax payments

Beginning income tax payable − Ending income tax payable + Income tax expense = Income tax payments