Question: The entry to recognise an entity's current tax based on its taxable income is: Select one: a.DR Income tax expense/ CR Current tax liability b.DR

The entry to recognise an entity's current tax based on its taxable income is:

Select one:

a.DR Income tax expense/ CR Current tax liability

b.DR Deferred tax asset/ CR Current tax liability

c.DR Current tax liability/ CR Cash

d.DR Current tax liability/ CR Deferred tax liability

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