The subsidiary sold land to the parent in December $2018.$ The land had originally cost the subsidiary $$33000,$

but was sold to the parent for only $$19000.$ To help the parent pay for the land, the subsidiary gave the parent

an interest$-$free loan of $$9000,$ and the balance was paid in cash. The parent has as yet made no repayments

on the loan. Assume an income tax rate of $30\%.$ Prepare the consolidation worksheet adjusting entries for

preparation of the consolidated financial statements as at $30$ June $2019.$

Note: Round your answer to the nearest dollar.

Answer:

$

$

$

$

$