On 1 July 2021 L Bathurst had entered a 24-month contract with her tenant for rent of premises for $23 100

($21 000 + $2100 GST) per annum to be paid monthly in advance. At the end of the financial year, 30 June 2022, the rent received account in the general ledger was $22 750.

You are required to prepare the journal for:

• adjustment at 30 June 2022

• closing the account at 30 June 2022, and

• reversal on 1 July 2022.

Also prepare:

• general ledger accounts for rent received and revenue received in advance that show the data given and the posting of the journals on the required dates.