Question 6 1 pts On 1 July 2016, Harry Ltd acquired all the shares in Potter Ltd. At the date of acquisition, all the net assets of Potter Ltd were at fair value except for a plant, which has a carrying amount of $235,000 (cost is $340,000). Harry Ltd assessed the plant as having a fair value of $290,000, with a remaining useful life of 5.5 years. The consolidation adjusting entry to record the tax effect on the depreciation expense at 30 June 2022 includes: O Cr Income tax expense $2,000 O Dr Deferred tax asset $12,000 O Dr Deferred tax asset $3,000 Cr Income tax expense $1,500 Question 6 1 pts On 1 July 2016, Harry Ltd acquired all the shares in Potter Ltd. At the date of acquisition, all the net assets of Potter Ltd were at fair value except for a plant, which has a carrying amount of $235,000 (cost is $340,000). Harry Ltd assessed the plant as having a fair value of $290,000, with a remaining useful life of 5.5 years. The consolidation adjusting entry to record the tax effect on the depreciation expense at 30 June 2022 includes: O Cr Income tax expense $2,000 O Dr Deferred tax asset $12,000 O Dr Deferred tax asset $3,000 Cr Income tax expense $1,500