Parent Ltd owns 100% of the issued capital of Sub Ltd. Both companies use the perpetual method of accounting for inventory. Assume the tax rate is 30%. Note: You must show your workings for any calculation you do Required: D Prepare consolidation journal entries for the year ended on 30 June 2021 for each of the following independent cases: On 1 November 2020, Sub Ltd borrowed $180,000 from Parent Ltd at an annual interest rate of 8.0%. It is a 5-year interest-only loan with interest payable yearly. No payments were made until 30 June 2021 Edit VAN Insert Format T