The following consolidation worksheet entry was recorded for Joyce Ltd as at 30 June 2021: Date Particulars 30/6 Proceeds on sale of plant Carrying amount - Plant sold Cost of sales expense Debit ($) Credit ($) 100,000 Required: a) Explain the intragroup transaction that has been eliminated in the above entry. b) Explain the reason why there is no tax effect in the above entry. c) Explain the reason why a depreciation adjustment to plant has not been made in the above entry. 80,000 20,000