Exercise 12.5 Soln Calculation of deferred tax The following information was extracted from the records of Sol Ltd for the year ended 30 June 2024. Additional information - The accumulated tax depreciation for motor vehicles at 30 June 2024 was $100000. - The tax rate is 30%. Required Prepare a deferred tax worksheet to identify the temporary differences arising in respect of the assets and liabilities in the statement of financial position, and to calculate the balance of the deferred tax liability and deferred tax asset accounts at 30 June 2024. Assume the opening balances of the deferred tax accounts were \$0. (LO5) SOL LTD Deferred tax worksheet as at 30 June 2024