$($c$)$ On $1$ January $2022,$ Blue Ltd sold equipment to Green Ltd for $\backslash (\backslash$$ $8000\backslash ).$ This had originally cost Blue Ltd $\backslash (\backslash$$ $12000\backslash )$ and had a carrying amount at the time of sale of $\backslash (\backslash$$ $7000\backslash ).$ Both entities charge depreciation at a rate of $\backslash (10\backslash \%\backslash )$ p$.$a$.$ straight$-$line.

$($d$)$ On $1$ January $2023,$ Green Ltd sold an item of inventories to Blue Ltd for use as machinery. This item cost Green Ltd $\backslash (\backslash$$ $4000\backslash )$ and was sold to Blue Ltd for $\backslash (\backslash$$ $6000\backslash ).$ Blue Ltd depreciated the item at $\backslash (10\backslash \%\backslash )$ p$.$a$.$ straightline.

$($e$)$ On $30$ June $2023,$ half of the goodwill was written off because of an impairment test.

$($f$)$ On $1$ February $2023,$ Blue Ltd paid an interim dividend of $\backslash (\backslash$$ $2000\backslash ).$ Blue Ltd declared a final dividend of $\backslash (\backslash$$ $3000\backslash )$ in June $2023$ that is still to be paid. Shareholder approval is not required in relation to dividends.

$($g$)$ In March $2022,$ Green Ltd made an interest free loan of $\backslash (\backslash$$ $10000\backslash )$ to Blue Ltd that remains outstanding at $30$ June $2023.$

$($h$)$ The tax rate is $\backslash (30\backslash \%\backslash ).$

On $30$ June $2023,$ the trial balances of Green Ltd and Blue Ltd were as follows:

Required

Prepare the consolidated financial statements for Green Ltd for $30$ June $2023.$ Show all workings.

$1.$ Calculate the acquisition analysis at $1$st July $2021$

$2.$ Prepare consolidation journal entries at $30$ June $2023$

$3.$ Prepare a consolidation worksheet at $30$ June $2023$

$4.$ Prepare consolidated financial statements at $30$ June $2023$

$5.$ Write a report about the consolidation process as per AASB$10.$ Discuss the three adjusting journal entries required for the preparation of consolidated financial statements. Explain all intragroup entries $\backslash ($ a$,$ b $\backslash ),\backslash (\backslash$mathrm$\{$c$\},\backslash$mathrm$\{$d$\},\backslash$mathrm$\{$e$\}\backslash ),$ and g in your answer, discussing the realisation of profits.