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jrnich1902
Nov 16, 2010, 02:59 PM
One of my adjusting entries is:
Income taxes must be recorded at 30% of income before income tax

I only have a trial balance... I don't know where to even start?

Just Looking
Nov 16, 2010, 03:28 PM
Start by figuring out which accounts belong on your Income Statement versus your Balance Sheet. Once you have your income and expense items you can determine your net income.