- ABE A A2 Normal No 567 Beyond Wonder Travel Agency (BWTA) had the trial balance shown below as at December 31 2018. Required: Using the information provided in the Trial balance and the additional information that follows, make the necessary adjusting entries in the books of the business on December 31 2018. Beyond Wonder Travel Agency Trial Balance as at December 31 2018. Debit (AED) Credit (AED) Cash 18,500 Mobile van 36,100 Accumulated depreciation mobile van 9.400 Prepaid rent expense 15,000 Capital 40,000 Salaries expense xpense 28,000 Drawings 3,000 Bank loan 20,000 Accounts receivable 12,700 Accounts payable 11,500 Service revenue 38,200 Unearned Service revenue 3.000 Maintenance expenses 1,300 Supplies Totals 122.1.00 1 22.100 7.500 Print Layout View Sec 1 Pages 1 of 5 Words 110 of 365 a) The mobile van was bought on July 1 2016. It is estimated that it will last 5 years useful life in business after which it will be sold off for AED 6,000. The business uses the straight-line method of depreciation b) On 31" December, 2016, a physical count showed that only AED 1,700 worth of the supplies on hand in the store. . c) Prepaid rent is for 12 months from April 1 2016 to cover the period up March 31 2017. d) On November 1 2016, a customer paid BWTA cash AED 3,000 for services to be provided evenly over the next three months. This AED 3,000 is still showing as uncared service revenues as at December 31, 2016. c) As at December 31 2016, the salary of one employee (Hassan) for the month of December (AED 1,200) was still unpaid. At the same time, another employee (Asma) had been paid her January 2017 salary in advance (AED 1,500). 1) The bank loan (received from Fedha Bank on October 1 2016) attracts an interest rate of 10% per year. No entry has been recorded for interest as at December 31 2016. REQUIREMENTS (a) Prepare the adjusting entries for the month of December. Use the format below as your journal (b) Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column (c) Prepare an adjusted trial balance at December 31, 2018