Makka Ltd acquired its 100 percent interest in Pakka Ltd 1 July 2019.The income tax rate is 30%.The following transactions took place during the period ended 30 June 2023.

1. 1 July 2022MakkaLtd made total sales toPakkaLtd of $60 000, it cost MakkaLtd 50 000,and 25% of inventory remained unsold byPakkaLtd at the end of the period.
2. The opening inventoryMakkaLtd as at 1 July 2022 included inventory acquired forPakkaLtd for $40 000 that costPakkaLtd l$30 000 to produce.
3. The closing inventory inMakkaLtd includes inventory acquired fromPakkaLtd at a cost of $33 000.This costPakkaLtd $28 000.
4. The closing inventory ofPakkaLtd includes inventory acquired fromMakkaLtd at a cost of $12 000.This costMakkaLtd $10 000.
5. On 1 July 2022PakkaLtd sold an item of plant toMakkaLtd $116 000 when its carrying value inPakkaLtd's account was $81 000 (cost $135 000, accumulated depreciation $54 000).This plant assessed as having a remaining useful life of six years.The Group has a policy of measuring its plant and equipment using the 'cost model'.The group uses the straight line method of depreciation
6. PakkaLtd paid $26 500 in management fees toMakkaLtd.
7. On 1 January 2023,PakkaLtd declared an interim dividend of $93 000 and paid 31 April 2023 out of post-acquisition profits.

Required

In relation to the above intragroup transactions: Prepare adjusting journal entries for the consolidation worksheet at 30 June 2023