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Why are tax effect entries sometimes necessary in making consolidation worksheet adjustments? Explain this in detail for the year ending 30 June 2017 using the

Why are tax effect entries sometimes necessary in making consolidation worksheet adjustments? Explain this in detail for the year ending 30 June 2017 using the following example:

Apple Ltd owns all the share capital of Pear Ltd. The income tax rate is 30%.

On 30 June 2017, Apple Ltd sold a motor vehicle to Pear Ltd for $15 000. The motor vehicle had a carrying amount to Apple Ltd of $12 000.

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