Maleny Limited accrued $40 000 for employees long service leave in the year ended 30 June 2018. This item will not be tax deductible until it is paid in approximately 5 years time. Assuming the company tax rate is 30%, Maleny Limited must record the following tax effect as a balance date adjustment:

a. DR Deferred tax asset $12 000.

b. DR Deferred tax liability $12 000.

c. CR Deferred tax asset $12 000.

d. CR Deferred tax liability $12 000.