For the year ended 30 June 2020, Terry Ltd determined there was a tax loss of $11,000.

An extract from the 30 June 2020 statement of financial position revealed the following balances:

Account receivable $50,000,

Allowance for double debts $8,000,

Rent receivable $17,000,

Motor Vehicle $200,000,

Accumulated depreciation motor vehicle $40,000,

Provision for employee benefit $18,000.

Additional information: the accumulated depreciation for tax purposes for motor Vehicle for the year ended 30 June 2020 is $100,000. The 30 June 2019 balances for deferred tax accounts were $11,000 for deferred tax assets and $18,000 for the deferred tax liability. The tax rate is 30%

Required:

Prepare the current tax journal entry for the year ended 30 June 2020 for Terry Ltd