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Question 16 0.5 points Save A Sam Ltd owns all the shares of Budi Ltd. On 1 July 2020, Budi Ltd provided a loan to

Question 16 0.5 points Save A Sam Ltd owns all the shares of Budi Ltd. On 1 July 2020, Budi Ltd provided a loan to Sam Ltd for $100,000 with $2,000 interests to be payable annually at the year end. The consolidation worksheet entries to eliminate the effects of this intragroup transactions for the year ended 30 June 2021 would include all the following except: Cr. Loan receivable $100,000 Dr. Interest expense $2,000 Dr. Loan payable $100,000 Dr. Interest revenue $2,000

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