Question: PLEASE FIND ATTACHED QUESTION & AND SHOW ALL THE WORKINGS At the end of the year, a deductible temporary difference of 54D million has been

PLEASE FIND ATTACHED QUESTION & AND SHOW ALL THE WORKINGS

PLEASE FIND ATTACHED QUESTION & AND SHOW ALL THE
At the end of the year, a deductible temporary difference of 54D million has been recognised due to the difference between the carrying amount of a liability account for estimated expenses and its tax base. Taxable income is SSD million. No temporary differences existed at the beginning of the year, and the tax rate is 35%. Required: a} Prepare the journal entryIs} to record income taxes during the period. b} How much will income tax expense be shown in the income statement? c} What will be the balance sheet disclosure during the period regarding taxes

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