KK purchased 100% of the equity shares in WX on 1 October 2012.

KK and WX trade with each other. During the year ended 30 September, 2013 KK sold WX inventory at a sales price of R28,000. KK applied a mark-up on the cost of 331/3%.

On 30 September 2013 WX still owed KK R10,000 of the cost and had to remain in inventory

R6,000 of the goods purchased from KK. Required:

Prepare the journal entries to make the required adjustment in KKs consolidated

financial statements for the year ended 30 September 2013 for the above.

I need all the calculations please :) .