The accounting profit before tax of Nippers Ltd for the period ended $30$ June $2023$

was $$175900.$ It included the following revenue and expense items.

Interest revenue $$11000$

Long service leave expense $7000$

Doubtful debts expense $4200$

Depreciation expense $$ plant $(15\%$ p$.$a$.,$ straight$$line$)33000$

Rent expense $22800$

Entertainment expense $($non$$deductible$)3900$

The draft statement of financial position as at $30$ June $2023$ included the following

assets and liabilities.

$20232022$

Cash $$9000$ $$7500$

Accounts receivable $8300076800$

Allowance for doubtful debts $(5000)(3200)$

Inventories $6710058300$

Interest receivable $1000$

Prepaid rent $28002400$

Plant $220000220000$

Accumulated depreciation $$ plant $(99000)(66000)$

Deferred tax asset $?30360$

Accounts payable $7120073600$

Provision for long service leave $6400061000$

Deferred tax liability $?720$

Additional information

$$ The tax depreciation rate for plant is $10\%$ p$.$a$.,$ straight$$line$.$

$$ The tax rate is $30\%.$

$$ The company has $$15000$ in tax losses carried forward from the previous year. A

deferred tax asset was recognised for these losses in the previous year. Taxation

legislation allows such losses to be offset against future taxable profit.

Required

Prepare the worksheets and journal entries to calculate and record the current tax liability

and the movements in deferred tax accounts for the year ended $30$ June $2023.$