Sloan Company started the period with a deferred tax asset of $508. As of the end of the period, Sloan identifies future deductible amounts of $1,117. Duchess has a tax rate of 31%, and calculates that taxes payable will be $1,963. Duchesss tax expense journal entry would include a. debit D or credit C of $_____ to the deferred tax asset account. To answer place, the amount and a D or C right next to it. For example, if your answer is debit of $100, answer 100D. Do not leave a space.