Examlex
What are rules that help ensure the quality of information?
Income Tax Expense
The cost associated with the taxes on a company's taxable income, reflecting the amount of income tax a company expects to pay to the government.
Income Taxes Payable
The sum of income tax that a corporation is liable to pay to the government but has not paid so far.
Cash Payments
Transactions involving the transfer of cash from one entity to another as a form of compensation or settlement.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for a fixed asset since it was put into use.
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