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Question 24 Not yet answered Marked out of 3,00 p Flag question Daniel Ltd. owns all of the shares of Scott Ltd. The following intragroup
Question 24 Not yet answered Marked out of 3,00 p Flag question Daniel Ltd. owns all of the shares of Scott Ltd. The following intragroup transactions, are all independent unless specified. Assume an income tax rate of 30%. Prepare the consolidation worksheet entries at 30 June 2020 to adjust for the effects of the following intragroup transactions (narrations are not required) Part 8 in February 2020, Scott Ltd. sold inventory to Daniel Ltd. for $9 000. This inventory cost Scott Ltd. $8 000. One quarter of this Inventory was unsold by Daniel Ltd. at 30 June 2020
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