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ON EIGHT (14 Marks) A pre til de somnat shares of Clitheroe Litd. The following istragroup transactions took place during the year ended 30th June

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ON EIGHT (14 Marks) A pre til de somnat shares of Clitheroe Litd. The following istragroup transactions took place during the year ended 30th June 2022 any in santhacering entity producing furniture which it then markets through its subsidiary Clitheroe Ltd. During the year fumiture was sold by inhemse Lid fox S400,000. This included a mark-up ca cost of 25%. At the end of the year 30% remained in stock De 1 ay 3. Sosy Lid said a delivery track to Clitheroe Lid for $220,000. The truck had originally cost $190,000 and at the time of sale had tbouk vahe of St. 000. The le proceeds were recorded by Jimmy Lid as revenue Clitheroe Lid estimates that the truck has a five-year life with no 2. Olay yo, Cintheve Lid paid za interim dividend of 30,000 and Jimmy L.id paid an interim dividend of 555.000, blue 102, Cichesse Lid declared a final dividend of S40.000, which was paid to Jimmy Lid in July 2022 que te cumulating worksheet yournal tetries for 30 June 2012 assuming an income TYS ON EIGHT (14 Marks) A pre til de somnat shares of Clitheroe Litd. The following istragroup transactions took place during the year ended 30th June 2022 any in santhacering entity producing furniture which it then markets through its subsidiary Clitheroe Ltd. During the year fumiture was sold by inhemse Lid fox S400,000. This included a mark-up ca cost of 25%. At the end of the year 30% remained in stock De 1 ay 3. Sosy Lid said a delivery track to Clitheroe Lid for $220,000. The truck had originally cost $190,000 and at the time of sale had tbouk vahe of St. 000. The le proceeds were recorded by Jimmy Lid as revenue Clitheroe Lid estimates that the truck has a five-year life with no 2. Olay yo, Cintheve Lid paid za interim dividend of 30,000 and Jimmy L.id paid an interim dividend of 555.000, blue 102, Cichesse Lid declared a final dividend of S40.000, which was paid to Jimmy Lid in July 2022 que te cumulating worksheet yournal tetries for 30 June 2012 assuming an income TYS

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