ASSIGNMENT 2 FISP The following balances were taken from the accounting records of Steel Eagle (Pty) Ltd for the year ended 30 June 2022 Capital Drawings Mortgage loan (8% per annum) Land and buildings Furniture and Equipment Bank Inventory (1 July 2021) Dr R Cr R 715 000 60 500 275 000 445 500 77 000 77 500 550 000 Debtor's control 451 000 Fixed deposit 204 600 Creditor's control 495 000 Sales 2 750 000 Purchases 1 556 500 Commission received 4 400 Rent income 13 200 Freight charges on 27 500 purchases Advertising Insurance 53 900 27 000 14 300 Credit losses Administrative expenses Property rates and taxes Interest expenses Water, electricity, and telephone 165 000 52 800 16 500 55 000 Salaries 418 000 4 252 600 4 252 600 The following transactions have not been accounted for in the above trial balance at 30 June 2022. a) A year-end stock count was performed and the closing inventory on 30 June 2022 was R750 000 Aa