Please see attached question and answer the questions

(a) Show the deferred tax calculation using the deferred tax worksheet and the deferred tax journals for 30 June 2018

(b)Calculate Hawaii Limited's income tax and show the income tax journals for the year ended 30 June 2019.

(c)Show the deferred tax calculation using the deferred tax worksheet and the deferred tax journals for 30 June19.

(d)Briefly discuss the treatment of deferred tax assets & tax losses in accordance with AASB 112.

Consolidation Worksheet at 30 June 2019 Ethan Ltd + Ethan + Darren+ Adjustments + Group + Ltd . Ltd + Dr - Cr +7 Profit before tax + 120 000 12 500+ Income tax expense - (56 000) (4 200) + Profit + 64 0004 8 300 Retained earnings (1/7/18)+ 80 000 36 0004 Transfer from BCVR- t t t t t t t 144 000 44 300+ Transfer to general reserve- 0) + (3 000)+ Retained earnings (30/6/19)+ 144 000 41 3004 Share capital+ 360 0004 54 000 BCVR+ General reserve + t t t 10 000 3 000+ 514 000 98 300 Asset revaluation surplus (1/7/18)- 13 500 18 000+ Gains + 5 000 2 000+ Asset revaluation surplus (30/6/19)- 8 500 20 000 47 532 5004 118 300 t Liabilities + 42 500 4 13 000 t t 575 0004 131 300- t t Land + 160 000 4 20 0004 Plant & machinery + 360 000. 125 600 Accum. depreciation+ (110 000) (33 000) + Inventory + 55 000 18 700 110 0004 It ttt t Shares in Darren 0 + t t 575 000 4 131 300