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he amount of income taxes The amount of income taxes A. the corporation owes, but has not yet
paid, is recorded as a debit to the Income Tax Payable account B. the corporation owes, but has
not yet paid, is reported as a long - term liability on the balance sheet C. required by the federal
government for a corporation is calculated on a form 1120 D. is calculated on a Form 1040 for a
corporation

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