Is what the anonymous person said true?

During its first year of operations, Nile.com reported a net operating loss of $15 million for financial reporting and tax purposes. The enacted tax rate is 40%. Prepare the journal entry to recognize the income tax benefit of the net operating loss. Because the loss year is the Nile.com's first year of operations, the carryback option is unavailable. The loss is carried forward. Journal entry Deferred tax asset ($15 million x 40%) 6,000,000 Income tax benefit - operating loss 6,000,000 Comments (1) Anonymous the credit income tax benefit-operating loss should be a credit to "income tax expense