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Prepare the necessary adjusting entries in the consolidation

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Reference no: EM132986280

During the year ended 30 June 2021, Game Ltd rents office space from its parent Mayne Ltd for $150 000 on credit. The debt remains unpaid at 30 June 2021. The tax rate is 30%.

Required:

Problem 1: Prepare the necessary adjusting entries in the consolidation worksheet. Narrations are not required.

Reference no: EM132986280

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