Please use the deferred tax worksheet and clearly explain calculations.

The draft Statement of Financial Position of Lilly Ltd at 30 June 2023 and 30 June 2022 included the following assets and liabilities:| - For accounting purposes plant is depreciated using the straight line method over 10 years. For tax purposes plant is depreciated using the straight line method over 7 years. - The company tax rate is 30%. Required: Complete the deferred tax worksheet and prepare any necessary journal entries to adjust deferred tax accounts for the vear ended 30 June 2023. Journal entry