oJo Ltd provided an advance of $500 000 to its subsidiary BoBo Ltd. Interest of $50 000 was charged during the year ended 30 June 2018. On consolidation, the following adjustment is needed at 30 June 2018 in relation to the interest charged:

	a.	no adjustment needed.
	b.	Dr Interest revenue $50 000 Cr Interest expense $50 000
	c.	Dr Interest expense $50 000 Cr Interest revenue $50 000
	d.	Dr Retained earnings $50 000 Cr Cash $50 000

During the year ended 30 June 2017, a subsidiary entity sold inventories to a parent entity for $30 000. The inventories had previously cost the subsidiary entity $24 000. By 30 June 2017 the parent entity had sold 75% of the inventories to a party outside the group. The company tax rate is 30%. The adjustment entry in the consolidation worksheet at 30 June 2018 is:

a.

Sales revenue	Dr	30 000
Cost of sales	Cr		28 500
Inventories	Cr		1 500
Deferred tax asset	Dr	450
Income tax expense	Cr		450

b.

Retained earnings	Dr	1 400
Income tax expense	Dr	600
Cost of sales	Cr		2 000

c.

Retained earnings	Dr	1 050
Income tax expense	Dr	450
Cost of sales	Cr		1 500

d.

Retained earnings	Dr	1 500
Inventories	Cr		1 500
Deferred tax asset	Dr	450
Retained earnings	Cr		450

which from multiple choice should i pick