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11:34 LTE moodle.koi.edu.au - Private Account Cash at Bank Accounts Receivable Prepaid Rent Inventory Equipment Accumulated Depreciation - Equipment Debits Credits $ Time left 1:10:40

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11:34 LTE moodle.koi.edu.au - Private Account Cash at Bank Accounts Receivable Prepaid Rent Inventory Equipment Accumulated Depreciation - Equipment Debits Credits $ Time left 1:10:40 60,00 62,000 42,000 194,000 310,000 140,000 Land 340,000 102,000 68,000 Accounts Payable Unearned revenue Mortgage Loan Capital Drawings Sales Revenue Fee Revenue Depreciation Expense Electricity Expense Rent Expense Wages Expense TOTALS 370,000 340,000 80,000 540,000 60,000 110,000 90,000 130,000 202,000 1,620,000 1,620,000 From the Adjusted Trial Balance provided on the previous page prepare the appropriate Closing Journal entries for the year ended 30 June 2020

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