After successfully completing the accounts for Dreamtime Corporation your manager has

requested that you complete the accounts for Jon Snow. Below is the Trial Balance and

adjustments required for the period ending 30 June 2017.

Additional Information

The following adjustments require posting before finalizing the end of year results:

Salaries - Office due and unpaid $1,200

Insurance premium paid in advance $500

Depreciation on office equipment $7,500

Rent Income received in advance $700

The closing inventory is $17,200 as stated in the Trial Balance above

Questions

(a) Record general journal entries for the balance day adjustment as at 30 June 2017

(b) Prepare the closing general journal entries including the Trading and Profit and Loss account

(c) Prepare the final general ledger accounts

(d) Prepare Trial Balance after all the adjustments and closing entries have been made

(e) Prepare end of period financial reports including the Classified Income Statement and Balance

Sheet

just needing to check