ACC/ACF1100 Assignment #: 792 Proprietor: Dr. Furball Fixer Name: Best Friends Vet Clinic Description: Animal Surgery The business has the following opening balances: Cash At Bank Account Receivable Motor Vehicle Account Payable Bank Loan (due 2022) Medical Equipment Office Supplies Medical Supplies Capital $13,066 $18,921 $33,846 $7,012 $27,536 $33,560 $652 $1,864 ? Amount $2,498 $1,347 $4,404 $1,211 $875 $605 $2,877 $820 $574 $2,566 $968 $480 $1,220 $2,877 Additional Information: Bank loan interest rates (% per year) Motor vehicle useful life (years) Motor vehicle scrap value ($) Insurance paid for (months) Rent paid for (months) Medical equipment useful life (years) Medical equipment scrap value ($) Closing stock of office supplies on 30/6 ($) Closing sto

Proprietor: Dr. Furball Fixer Name: Best Friends Vet Clinic Description: Animal Surgery Comments: - Assume that this assignment involves an existing business that was purchased by the new owner on 1 June 2019. - Note the list of transactions is in date order, left to right, line by line. - Use three separate ledger accounts for revenue, namely pet consultation, vaccination and desexing fees. All revenues relate to the month of June. - Transactions involve cash unless specified as 'Account'. - Record payments for rent and insurance in prepaid accounts initially. - Information relevant to complete adjusting entries can be found in the top right section of this page. - The periods to which the rent and insurance apply commence on 1 June. - Round your calculations to the nearest dollar