According to AASB 112, the prepayment of rent of $2,000 that is claimed as a tax deduction immediately upon payment (assuming an income tax rate of 30%) will give rise to:
A a Deferred Tax Liability of $600
B a Deferred Tax Asset of $600
C a Deferred Tax Liability of $600 and a credit to Income Tax Payable of $600
D neither a Deferred Tax Liability nor a Deferred Tax Asset