Amigos Limited has an asset with a carrying value of $60 000. The tax base of this asset is $40 000. The tax rate is 30%. The deferred tax item to be recognised by Amigos Limited is: Deferred tax liability of $20 000. O Deferred tax asset of $20 000. Deferred tax liability of $6000. O Deferred tax asset of $6000. Question 15 0.5 pts During the consolidation process, it may be necessary to make which of the following adjustments to the individual statements? O pre-acquisition entries only. business combination valuation entries and pre-acquisition entries in the consolidation worksheet. business combination valuation entries only. business combination valuation entries and pre-acquisition entries in the individual journals of the parent and the subsidiaries