What is the opening balance of the deferred tax liability account considering the rate change?

Question

Quizplus · Accepted Answer

The question description and image are not clear about the exact calculations, but given that there was a rate change and a significant deferred tax liability account, it is likely that the change has resulted in an increase in the liability. The only option that reflects a higher credit balance than the original 100,000 is B, which suggests an increase of 60,000 due to the rate change, bringing the balance to 160,000 credit. Without more context, it is not possible to confirm the accuracy of this answer, but it is the best choice based on the given information.

What Is the Opening Balance of the Deferred Tax Liability