of The following information was extracted from the financial records of Panda Limited: equipment purchased on 1 July 2014 for $140 000 (accounting depreciation 10% straight line; tax depreciation 20% straight line). If the company tax rate is 30%, the deferred tax item that will be recorded by Panda Limited at 30 June 2015 is which of the following? O a. Cr Deferred tax liability $4200 O b. Dr Deferred tax liability $14000 O c. Cr Deferred tax asset $4200 O d. Dr Deferred tax asset $14 000 out of The definition of a reporting entity in SAC 1 requires: O a. a reasonable expectation of external users. O b. the existence of dependant users. O c. a reasonable expectation of users reliant on the entity's general purpose financial report. O d. the existence of external users.