Maple Ltd had a balance of $18,000 for Rent Revenue in Advance for the year...
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Accounting
Maple Ltd had a balance of $18,000 for Rent Revenue in Advance for the year ended 30 June 2021. If the company tax rate is 30%, the deferred tax item that will be recorded by Maple Ltd at 30 June 2021 is:
Select one:
a. CR Deferred tax asset $5,400
b. DR Deferred tax asset $5,400
c. DR Deferred tax liability $5,400
d. CR Deferred tax liability $5,400
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