At 30 June 2023, Barry Ltd estimates it will be required to pay income tax expenses of $62 000 during the following financial year. The correct journal entry to provide for this income tax estimate at 30 June 2023 is: Group of answer choices

DR Income tax expense $62 000; CR Retained earnings $62 000

DR Income tax expense $62 000; CR Current tax liability $62 000

DR Income tax expense $62 000; CR Bank $62 000

DR Current tax liability $62 000; CR Income tax expense $62 000