Sneed Corporation reported balances in the following accounts for the current year: Income taxes payable $ 50   $ 30   Deferred tax liability   80     140  Income tax expense was $230 for the year. What was the amount paid for taxes?     $220.     $280.     $190.     $210.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Sneed Corporation reported balances in the following accounts for the current year:

Income taxes payable $ 50   $ 30  
Deferred tax liability   80     140  
Income tax expense was $230 for the year. What was the amount paid for taxes?
   
$220.
   
$280.
   
$190.
   
$210.
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