Required a. Record the income tax journal entry on December 31. - Note: If a line in a journal entry isn't required for the transaction, in the last line of the journal entry, select "N/A" as the account name and leave the Dr. and Cr. answers blank (zero). b. Assume that there was a January 1 beginning balance of $4,000 in the deferred tax asset account. How would your answer to part a change? -Note: If a line in a journal entry isn't required for the transaction, in the last line of the journal entry, select "N/A" as the account name and leave the Dr. and Cr. answers blank (zero)