b) Spring Ltd sold inventory to its subsidiary company on 1 April 2020 for $25,000. This inventory cost Spring Ltd $15,000. The subsidiary plans toute plant. The subsidiary charges depreciation at a rate of 10% on cost. Consolidation entry 30 June 2021: Account name Debit (5) Credit (5) Proceeds on sale of Plant 25,000 Carrying amount of Plant sold 15,000 Inventory 10,000 Deferred Tax Asset 3,000 Income Tax Expense 3,000 Required: As the group accountant of Spring Ltd, you are required to review Georgia's entries, (a) For each entry, provide an explanation of any errors or omissions by Georgia. Explain the reason why the entry is incorrect in accordance (b) Prepare all the consolidation worksheet entries required, according to AASB10 for the above transactions.(18 marks) For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac). BI VS Paragraph Arial 10pt E A V 111 v T