On 1 January 2 0 2 3 , the parent sold a new tractor to the subsidiary for $ 3 4 0 0 0 This had cost the parent $ 2 2 0 0 0 on that day Both entities charged depreciation at the rate of 1 0 p a on cost Assume an income tax rate of 3 0 Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 3 0 June 2 0 2 5 Note Round your answers to the nearest dollarOn 1 January 2 0 2 3 , the parent sold a new tractor to the subsidiary for $ 3 4 0 0 0 This had cost the parent $ 2 2 0 0 0 on that day Both entities charged depreciation at the rate of 1 0 p a on cost Assume an income tax rate of 3 0 Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 3 0 June 2 0 2 5 Note Round your answers to the nearest dollar

Question

On 1 January 2 0 2 3 , the parent sold a new tractor to the subsidiary for $ 3 4 0 0 0   This had cost the parent $ 2 2 0 0 0 on that day  Both entities charged depreciation at the rate of 1 0   p   a   on cost   Assume an income tax rate of 3 0     Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 3 0 June 2 0 2 5   Note  Round your answers to the nearest dollarOn 1 January 2 0 2 3 , the parent sold a new tractor to the subsidiary for $ 3 4 0 0 0   This had cost the parent $ 2 2 0 0 0 on that day  Both entities charged depreciation at the rate of 1 0   p   a   on cost   Assume an income tax rate of 3 0     Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 3 0 June 2 0 2 5   Note  Round your answers to the nearest dollar

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On 1 January 2 0 2 3 , the parent sold a new tractor to the subsidiary for $ 3 4 0 0 0 .

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