Apple Limited has a 100% holding in Picnic Limited

Apple Limited runs a distillery in northern Tasmania supplying its highly acclaimed gin across the globe. This business was severely affected by the Corona Virus pandemic and the directors decided to use the now spare capacity for the provision of medical supplies. Specialists from Picnic Limited assisted by converting the stills from making gin to producing hand sanitiser. During this period Picnic Limited charged Apple Limited $145 000 for the expertise provided.

Prepare the Consolidation Adjusting Journal Entries for the consolidated financial statements as at 30 June 2020 by eliminating the intragroup service provision.