During the year ended30June2017,a parent entity rents aa machinefrom a subsidiary entity for$50,000.The company tax rate is30%.The consolidation adjustment entry needed at reporting date is:

A - DR Rent revenue $50,000

CR Rent expense $50,000

B - DR Rent expense $50,000

CR Rent revenue$50,000

DR Rent revenue $50,000

CR Rent expense$50,000

C - DR Income tax expense $15,000

CR Deferred tax liability$15,000

DR Rent revenue $50,000

CR Rent expense$50,000

D - DR Deferred tax asset $15,000

CR Income tax expense$15,000