own 1/11 answered Time Remaining Show Question 1 [30 marks] Roger Ltd sold a plant to David Ltd for $30 500 cash on 1 July 2014. It had cost Roger Ltd. $25 000 when acquired one year previously. Depreciation charged on plant by Roger Ltd. is 10% p.a. on cost, and David Ltd. applies a rate of 6% p.a. on cost. The income tax rate is 30%. 1.1 Record the journal entries in the records of Roger Ltd and David Ltd. at the date of sale, 1 July 2014. [15 marks] H B i A X X 2. Unanswered 1.2 Record the consolidation adjustment entries on 30 June 2015. [15 marks] H + - B i A X, X2 !!! 66 X 66 X Save