Mandy ltd provided a loan of $1,500,000 to its subsidiary Park itd. On consolidation, which of the following elimination entries is needed in relation to this intragroup loan? Select one: Dr Loan payable to Mandy Ltd $1,500,000: Loan receivable from Park Ltd $1,500,000 Dr Loan payable to Mandy Ltd $1,500,000; Cr Cash $1,500,000 0 Dr Loan payable to Park itd $1,500,000; Orloan receivable from Mandy itd $1,500,000 Dr Loan receivable from Park Ltd $1,500,000, Loan payable to Mandy Ltd $1,500,000 On 1 January 20X0, Hope Ltd couired 90% of the share capital of Billy Ltd for $900,000 cast. At that date, the equity section of Billy Ltd's balance sheet was as follows $ Share copilul 700 000 Retained profits 500XX) Asset revaluation reserve 100 000 Assume all assets and liabilities were recorded at their fair values, except for a piece of equipment recorded at S50 000 but Hope Ltd considers it to have a fair value of $700 000. This equipment is not revalued by Billy Ltd, What was the difference on acquisition under the partial goudwill method? Select one: O Nil O $90 000 goodwill. O $50 000 goodwill 0 $90 000 bargain purchase