A Limited has a $25\%$ interest in B Limited and so has significant influence over B Limited. A Limited sold inventory to B Limited at a profit.

At year end B Limited still had inventory on hand amounting to R$100,000.$ A Limited sold this inventory to B Limited at a profit mark$-$up of $20\%$ on selling price.

Prepare the pro forma consolidation journal entries for the above transaction, assuming a tax rate of $30\%$