2022 Semester 1 eLibrary Referencing FAQ Daricraft Traders "Daricraft" is a furniture manufacturer in South Africa, with a financial year end of 31 March statements and have asked for your assistance. They have provided you the below pre-adjustments trial bo Daricraft Traders Capital Trial balance as at 31 March 2022 Dr Cr 885 000 Drawings 11 000 Long-term loan (interest is at 8% per annum) 54 000 Land and buildings 1000 000 Furniture and Equipment 250 000 Accumulated depreciation: Furniture and Equipment 125 000 Bank 65 640 Inventory (31 March 2022) 72.000 Debtors control 82 000 Allowance for credit losses 12000 Accrued Income Pre-paid expenses 37 200 Fixed deposit Income received in advance Creditors control 90000 Accrued expenses Sales Purchases Rental Income Carriage on purchases Advertising Insurance Credit losses Administrative expenses Property rates and taxes. Interest expenses Water, electricity and telephone Depreciation Salaries and wages Additional Information 850000 283 000 24 000 5000 9800 5000 2 600 30 000 9.600 2160 10 000 165 000 2040 000 2040 000 5014 The following transactions have not been accounted for in the above pre-adjusted trial balance The opening inventory on 1 April 2021 was R100 000. REQUIRED 1.1 Using the information given above, prepare the necessary year-end adjusting journals for Daricraft Traders.. When completing the template below ensure that numbers are written without the R symbol and using correct notation for example R 100000 is filled in as 100 000. (a) The opening inventory on 1 April 2021 was R100 000. REQUIRED 1.1 Using the information given above, prepare the necessary year-end adjusting journals for Daricraft Traders.. When completing the template below ensure that numbers are written without the R symbol and using correct notation for example R 100000 is filled in as 100 000. (a)