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Business, 21.11.2021 18:20 daytonalive7193

During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7,050 that had originally cost $16,800 and had accumulated depreciation of $11,200. The company did not retire any bonds or repurchase any of its own common stock during the year. 8-a. If the company debited income tax expense and credited income taxes payable $1,780 during the year, what is the total amount of the debits recorded in the Income Taxes Payable account

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During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7,050 th...
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