Able Ltd Has an Asset in Its Books with a Carrying

Able Ltd has an asset in its books with a carrying amount of $120 000 and a tax base of $90 000.The income tax rate has been 30% but in the current year it has been increased to 40%.Able Ltd should make the following entry in its books:

A) Dr Deferred Tax Liability $\quad\$ 3000$
Cr Deferred Income Tax Expense $\quad\$ 3000$
B) Dr Deferred Tax Asset $\quad\$ 3000$
Cr Deferred Income Tax Liability $\quad\$ 3000$
C) Dr Deferred Tax Asset $\quad \$ 3000$
CrDeferred Income Tax Expense $\quad \$ 3000$
D) Dr Deferred Income Tax Expense $\quad \$ 3000$
Cr Deferred Tax Liability $\quad\$ 3000$