This is a multiple answer question.

Babcock Company just completed its first year of operations and has a net operating loss for tax purposes of $$100,000.$ Babcock expects to be profitable within the next two years. The enacted tax rate is $40\%.$ Which of the following components are included in the journal entry to record the NOL carryforward? $($Choose all that apply$)$

A$.$ credit taxes payable $$40,000$

B$.$ debit income tax expense $$40,000$

C$.$ credit income tax expense $$40,000$

D$.$ debit deferred tax asset $$40,000$

E$.$ credit deferred tax liability $$40,000$