11. The following is a list of account balances for River's Rafts prior to any adjustments. River's Rafts Balances (before adjustments) as at 30 June 2020 Accounts Receivable 35,000 Accumulated Depreciation - Motor Vehicle 16,300 Accumulated Depreciation - Plant & Equipment 31,000 Advertising Expense 4,650 Bank 14,260 Business Loan (due 31 August 2020) 50,000 Capital ? Drawings 48,000 Freight In 3,330 Freight Out 2,870 GST Collected 3,740 GST Paid 1,280 Interest Expense 37,850 Interest Received on Investment Bonds 2,500 Land & Buildings 650,000 Mortgage (due 30 June 2031) 253,500 Motor Vehicle 28,000 Motor Vehicle Expenses 7,140 Office Expenses 9,420 Office Furniture Rental Expense 6,000 Plant & Equipment 69,000 Prepaid Insurance 1,400 Purchases 186,400 Salaries - Sales Staff 67,000 Salaries - Warehouse Staff 34,000 Sales 497,760 Inventory (b/d) 22,400 Telephone 1,800 10% Investment Bonds 50,000 Additional Information: The motor vehicle was sold on 30 June 2019 for $13,750 (GST inclusive). Depreciation to 30 June of $3,235 has not been charged. Half yearly interest on the 10% investment bonds has not yet been received, $2,500. A new insurance policy was taken out on 1 January 2020 for 12 months for $1,400 plus GST, and posted to prepaid insurance. No expense has been recorded, and $700 remains prepaid. Depreciation of $4,600 has not been recorded against Plant & Equipment. Stocktake at 30 June (c/d), $21,350. Required: (a) A Trial Balance at the 30 June prior to any adjustments so as to determine Capital. (b) Provide the necessary end of financial year adjustments. (c) Post the balances and end of financial year adjustments to the individual accounts. (d) Closing general journal entries. (e) Income Statement for the Year Ended 30 June 2020. (f) Balance Sheet as at 30 June 2020