Answer:
Following are the solution to the given question:
Step-by-step explanation:
For point a:
Calculating taxable income tax payable in accordance with the following figures:


For point b:
Following are the journal:


Deferred tax liability


Calculating the deferred tax liability:

Deferred tax liability

For point c:
Following are the preparation of the income tax section for the income statement session 2014:


Defensed
