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The statement of financial position of Beckham Ltd at 30 June 2020 showed the following assets and liabilities. Assets Cash Inventories Accounts Receivables Allowance for

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The statement of financial position of Beckham Ltd at 30 June 2020 showed the following assets and liabilities. Assets Cash Inventories Accounts Receivables Allowance for Doubtful Debts Prepaid Insurance Plant Accumulated depreciation plant Deferred Tax Asset Liabilities Accounts payable Provision for long service leave Rent Received in advance Deferred Tax Liability 2020 ($) 80 000 170 000 520 000 (60 000) 30 000 500 000 (260 000) 2019($) 85 000 155 000 480 000 (40 000 29 000 500 000 (210 000) 35 500 ? 290 000 48 500 22 500 ? 260 000 45 000 20 000 40 100 . Additional information Accumulated depreciation of plant for tax purposes was $330 000 at 30 June 2019, and depreciation for tax purposes for the year ended 30 June 2020 amounted to $80 000. The tax rate is 30%. Required(show all workings): a) Prepare Beckham's deferred tax worksheet at 30 June 2020 (showing only relevant assets and liabilities), and prepare the deferred tax journal entry required on 30 June 2020. Narration is not required

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