an extract of sally ledger account reveal the following

30/06/2018 allowance for doubtful debts $12,400

30/06/2018 Accounts Receivable $205,400

Prepare General journal entries for the following balance day adjustments for the year ended 30 June 2018 including any necessary reversing entries in the following year

a) in addition to the given information above, additional Bad Debts to be written off $8,800 ($8,000 + $800 GST )

b) In addition to the given information above, allowance for doubtful debts were to be increased to 8% of account receivable

c) Interest earned but not yet received of $6,000

d) Rates expense paid but not yet consumed $2,000

e) The balance in the inventory general ledger as at 30June 2018 was $37,995 The balance as per stock take completed on 30th June 2018 was $36,795 . The company uses a perpetual Inventory system

F0 Rent received for the period 1/4/2018 to 31/7/2018 $44,000 ($40,000 Plus $4,000 GST) The financial year ends 30th June 2018