eidi Gao QUESTION 1 (4 MARKS) Strongarm Ltd has the following tax balances as at 30 June 2018: Deferred Tax Asset 65,000 Deferred Tax Liability 32,000 I The balances were calculated when the tax rate was 30%. On 30 September 2018, the government announced a change to the company tax rate to 26%, effective immediately. Below is the journal entry to adjust the carry-forward balances of the deferred tax asset and deferred tax liability. Enter the account balance for ITE (as shown as xxx) below, aaa Dr. DTL XXX Dr. ITE bbb Cr. DTA