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Business, 23.01.2022 01:10 Gabilop

During 20X1, estimated tax payments of $450,000 were charged to prepaid taxes. Mint has not recorded income tax expense. There were no temporary or permanent differences. Mint's tax rate is 30%. In Mint's December 31, 20X1, balance sheet (statement of financial position), what amount should be reported as total current assets

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During 20X1, estimated tax payments of $450,000 were charged to prepaid taxes. Mint has not recorded...
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