Sloan Company started the period with a deferred tax asset of $886. As of the end of the period, Sloan identifies future deductible amounts of $1,127. Duchess has a tax rate of 30%, and calculates that taxes payable will be $1,152. 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.

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