14. When a parent sells during the current period a non-depreciable non-current asset at a profit to a subsidiary, the following adjustment is necessary on consolidation at the end of the period:

a) Dr Asset (subsidiary) and Cr Cash (Parent)

b) Dr Cash (Parent) and Cr Asset (subsidiary)

c) Dr consolidated reserve (Gain on sale) and Cr Asset (subsidiary)

d) Dr Asset (subsidiary) and Cr consolidated reserve (Gain on sale)