(a) On 1 January 2015, Maddison Ltd sold an item of plant to Anna Ltd for $1000. Immediately before the sale, Maddison Ltd had the item of plant on its accounts for $1500. Maddison Ltd depreciated items at 5% p.a. on the diminishing balance and Anna Ltd used the straight-line method over10 years.
(b) A non-current asset with a carrying amount of $1000 was sold by Maddison Ltd to Anna Ltd for $800 on 1 January 2015. Anna Ltd intended to use this item as inventory, being a seller of second-handgoods. Both entities charged depreciation at the rate of 10% p.a. on the diminishing balance on noncurrent assets. The item was still on hand at 30 June 2015.
(c) On 1 May 2015, Anna Ltd sold inventory costing $200 to Maddison Ltd for $400 on credit. On 30 June 2015, only half of these goods had been sold by Maddison Ltd, but Maddison Ltd had paid $300 backto Anna Ltd.
(d) During March 2015, Anna Ltd declared a $3000 dividend. The dividend was paid in August 2016.
(e) In December 2014, Anna Ltd paid a $1500 interim dividend.
(f) In February 2014, Maddison Ltd sold inventory to Anna Ltd for $6000, at a mark-up of 20% on cost. One-quarter of this inventory was unsold by Anna Ltd at 30 June 2014.
(g) On 1 January 2013, Anna Ltd sold a new tractor to Maddison Ltd for $20 000. This had cost Anna Ltd $16 000 on that day. Both entities charged depreciation at the rate of 10% p.a. on the diminishing balance.
(h) Anna Ltd rented a spare warehouse to Maddison Ltd and also to Olivia Ltd during 2014-15. The total charge for the rental was $300, and Maddison Ltd and Olivia Ltd both agreed to pay half of thisamount to Anna Ltd.