Question: Why the answer for this question is not B? 27, Currimundi Ltd holds a 60% interest in Beach Ltd. Beach Ltd purchases inventory from Currimundi

Why the answer for this question is not B? 27, Currimundi Why the answer for this question is not B?

27, Currimundi Ltd holds a 60% interest in Beach Ltd. Beach Ltd purchases inventory from Currimundi Ltd during the year for S30 000. The inventory originally cost S21 000. At the end of the year 80% of the inventory is still on hand. The tax rate is 30%. The NCI adjustment required in relation to this transaction includes a debit of which of the following? *a. Nil b. $2016 c. S504 d. S5040

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