Goto Section: 32.4040 | 32.4080 | Table of Contents

FCC 32.4070
Revised as of September 1, 2021
Goto Year:2020 | 2022
  §  32.4070   Income taxes—accrued.

   (a) This account shall be credited or charged and the following
   accounts shall be charged or credited with the offsetting amount of
   current year income taxes (Federal, state and local) accrued during the
   period or adjustments to prior accruals: 7220 Operating Federal Income
   Taxes, 7230 Operating State and Local Income Taxes, 7400 Nonoperating
   Taxes, 7600 Extraordinary Items.

   (b) If significant, current year income taxes paid in advance shall be
   reclassified to Account 1280, Prepayments.

   [ 67 FR 5689 , Feb. 6, 2002]


Goto Section: 32.4040 | 32.4080

Goto Year: 2020 | 2022
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