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Cabot Company reported a pretax operating loss of $50,000 for financial reporting and tax purposes in 2021. The enacted tax r

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Page: No © Journal entry to record cabeta income taxes that the younge Current year , 2081 spretax operating tons = $50.000 pPage No Net lors = 50,000 -14900 = $ 32100 1. Niet loss for 2021 = $ 32,100

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