(a) Periodic inventory D Blowering prepared the following list from the general ledger with the required adjustments to be made for the financial year (figure 11.22). You are required to prepare an 8-column worksheet.

Adjustments to be made are as follows.
a Inventory 30 June 2022: $9284.
b Bad debts $374 ($340 + $34 GST).
c Allowance for doubtful debts adjusted to 3% of accounts receivable.
d Depreciation motor vehicle $2100.
e Salary accrual $1070.
f Insurance prepayment $4480.
g Rent received in advance $900.
h Interest on overdraft $875.
i Interest on loan mortgage for four months.

(b) Perpetual inventory D Blowering prepared the following list from the general ledger with the necessary adjustments to be made for the financial year (figure 11.23). You are required to prepare an 8-column worksheet.

Adjustments to be made are listed below.
a A physical stocktake shows that inventory should be reduced by $190; $209 ($190 + $19 GST).
b Bad debts $374 ($340 + $34 GST).
c Allowance for doubtful debts adjusted to 3% of accounts receivable.
d Depreciation motor vehicle $2100.
e Salary accrual $1070.
f Insurance prepayment $4480.
g Rent received in advance $900.
h Interest on overdraft $875.
i Interest on loan mortgage for four months.

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Account Balances of D Blowering as at 30 June 2022 Petty Cash Accounts Receivable Control Allowance for Doubtful Debts Inventory (1 July 2021] GST Receivable Land and Buildings Motor Vehicle Accumulated Depreciation - Motor Vehicle Investment in Shares Bank Overdraft Accounts Payable Control GST Payable 18% Loan Mortgage on Land and Buildings Capital Drawings Sales Rent Received Purchases Salaries Insurance Interest Bad Debts Expense Discount Allowed 250 30 272 615 7456 1 148 75 000 28 000 8 300 3 800 15 719 16 830 2275 45 000 38 460 2 140 90 985 6 300 38 714 24 236 7 210 2 510 908 2840