Question: AAA Corporation has only one temporary difference at the end of 2014. All the difference will reverse and cause deductible amounts of $10,000 in 2015.

AAA Corporation has only one temporary difference at the end of 2014. All the difference will reverse and cause deductible amounts of $10,000 in 2015. AAA's taxable income (TI) for 2014 is $300,000. The tax rate is 30% for all years. The journal entry for 2015? A. Debit to Deferred Tax Liability (DTL) B. Credit to Deferred Tax Asset (DTA) C. Debit to Deferred Tax Asset (DTA) D. Credit to Deferred Tax Liability (DTL)

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