(25) Q.1.2 The following pre-adjustment trial balance appeared in the books of Musketeer Traders at the end of their financial year 30 September 2019. gnore VAT. Folio Debit(R) Credit (R) 400 000 5 500 450 000 Statement of financial position section Capital Drawings Land and Buildings Motor Vehicles Accumulated depreciation: Vehicles Financial Asset: Fixed deposit : JP House 225 000 65 000 107 000 Bank 3200 48 220 24 640 210 520 Debtors control Trading Inventory Mortgage Loan Creditors Control Nominal Accounts Section Sales 33 980 1 200 000 18 800 800 340 Sales Returns Cost of Sales Rent Income Interest Income 45 000 4 600 Service Income 8700 Rent Expense 66 700 Folio Debit (R) Credit (R) 3 500 102 380 6 300 5 400 2 500 Credit Losses Wages and Salaries Cleaning Materials Office consumables Interest on mortgage loan Electricity Rates and services Fuel Advertising Telephone 11 250 4 870 12 300 50 700 25 600 1971 000 1971000 Additional information and adjustments as at 30 September 2019: 1. The stock take revealed the following items on hand: - Trading Inventory - 11 000 - Office consumables - R 340 2. Depreciation must be provided for on vehicles at 25% per annum according to the straight-line method. No vehicles were bought or sold during the year. 3. The following adjustments must be made to enforce the accrual concept: - Wages and salaries payable -R6000 - Telephone prepaid for October 2019 - R1300 - Rent income received in advance-R3 500 - Accrued interest on fixed deposit - R5 350 Create an allowance for credit losses to the amount of R 870. Required: Prepare the post adjustment trial balance of Musketeer Traders on 30 September 2019