A Company has a building that was acquired in 2014 for RM3 million. The building is rented to a third party, thus it is recognized as an investment property since its acquisition. The company chooses to account the asset using the fair value method. At the end of the Fear the fair value of the building is RM2.8 million. Given a 30lo tax rate and a curre year tax payable of RM80,000, prepare the journal entry to recognize deferred tax. The following information relates to Dewberry Bhd.: endti werss. Tdy antferences for the year A Company has a building that was acquired in 2014 for RM3 million. The building is rented to a third party, thus it is recognized as an investment property since its acquisition. The company chooses to account the asset using the fair value method. At the end of the Fear the fair value of the building is RM2.8 million. Given a 30lo tax rate and a curre year tax payable of RM80,000, prepare the journal entry to recognize deferred tax. The following information relates to Dewberry Bhd.: endti werss. Tdy antferences for the year