The income tax rate is 40 percent. The valuationallowance for deferred tax assets was $50 on January 1, Year 4, $60 on December 31, Year 4, and $75 onDecember 31, Year 5. Prepare the journal entries to recognize income tax expense for Year 4 and for Year 5.
Where is Ikotun in Lagos, Nigeria Located? Ikotun is a place with a very small population in the state/region of Lagos, Nigeria which is located in the continent/region of Africa. Cities, towns and places near Ikotun include Ikotan, Bolorunpelu, Egbe and Arida. The closest major cities include Lagos, Ikorodu, Shagamu and Abeokuta.
Arrowroot cultivation is now concentrated on farms located north of the Rabacca River, particularly in the Owia area. This is also the area where the population of Carib descent is concentrated. In 1998/99, the industry produced 312,000 lb (142,000 kg) of starch, about 3% of the peak level in the 1960s.