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

1. 1 July 2022 Makka Ltd made total sales to Pakka Ltd of $60 000, it cost Makka Ltd 50 000, and 25% of inventory remained unsold by Pakka Ltd at the end of the period.
2. The opening inventory Makka Ltd as at 1 July 2022 included inventory acquired for Pakka Ltd for $40 000 that cost Pakka Ltd l$30 000 to produce.
3. The closing inventory in Makka Ltd includes inventory acquired from Pakka Ltd at a cost of $33 000. This cost Pakka Ltd $28 000.
4. The closing inventory of Pakka Ltd includes inventory acquired from Makka Ltd at a cost of $12 000. This cost Makka Ltd $10 000.
5. On 1 July 2022 Pakka Ltd sold an item of plant to Makka Ltd $116 000 when its carrying value in Pakka Ltds 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. Pakka Ltd paid $26 500 in management fees to Makka Ltd.
7. On 1 January 2023, Pakka Ltd declared an interim dividend of $93 000 and paid 31 April 2023 out of post-acquisition profits.

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