Answer:
Explanation:
For recording of the journal entry, first we have to compute the tax payable amount which is shown below:
Pretax accounting income tax expense =  pretax accounting income × tax rate
= $210,000 × 40%
= $84,000
Tax payable for taxable income = Taxable income × tax rate
= $155,000 × 40%
= $62,000
Now, the journal entry would be:
Income tax expense A/c Dr   $84,000
  To Income tax payable               $62,000
  To Deferred tax liability               $22,000
(Being income tax expense recorded)
The remaining amount has come under deferred tax liability.
