If taxes payable increased during the year, the cash paid for taxes would be: Question 7...

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Question

If taxes payable increased during the year, the cash paid for taxes would be: Question 7...

If taxes payable increased during the year, the cash paid for taxes would be:

Question 7 options:

a)	tax expense plus the increase in taxes payable from the beginning to the end of the year

b)	tax expense plus taxes payable at the beginning of the year

c)	the same as tax expense

d)	tax expense less the increase in taxes payable from the beginning to the end of the year

business accounting

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Answer 1

Answer #1

Answer: Option-(d): tax expense less the increase in taxes payable from the beginning to the end of the year Reason: For exam

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Answer 2

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