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At 1/7/2019, Parent Ltd sells inventory to Sub Ltd for $1,000, 25% mark up on cost. All inventory is unsold at 30/6/2020. Preapare the consolidation

At 1/7/2019, Parent Ltd sells inventory to Sub Ltd for $1,000, 25% mark up on cost. All inventory is unsold at 30/6/2020.

Preapare the consolidation worksheet adjustment

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