When an entity sells a non-depreciable non-current asset during the current period at a profit to another entity within the same group the following adjustment is necessary on consolidation at the end of the period:

A) DR Asset CR Cash
B) DR Gain on sale CR Asset
C) DR Cash CR Asset
D) DR Asset CR Gain on sale.

Non-depreciable Asset

An asset that is not subject to depreciation due to its indefinite useful life or that it maintains its value over time, such as land.

Intragroup Sale

A transaction involving the exchange of goods or services between entities within the same corporate group.

Consolidation Adjustment

Adjustments made to financial statements in the process of combining the financial information of parent and subsidiary entities into a single set of financial statements.