Investor Limited has a 40%-owned associate (Artichoke Limited), both of which have a reporting date of 31 December 2017. During December 2017, Artichoke Limited sold goods to Investor Limited at invoice value €120,000 on which Artichoke Limited made a mark-up of 50%. One half of the goods were in the inventory of Investor Limited at the reporting date.

Requirement Prepare the journal in relation to the above transaction