a)The trail balance of City Wide Stores is given in Appendix and following information relates to the end of reporting period adjustments for 30 June 20XX.

1.Inventory on hand, $8600.

2.Wages (general) due but unpaid, $600.

3.Insurance paid in advance, $250.

4.It is estimated that 6% of accounts receivable will not be collected.

5.Depreciation, expense to be charged against revenue

a.Building, 5% per annum.

b.Plant and equipment, 10% per annum.

c.Motor vehicles, 33% per annum.

6.Accrued employee entitlements:

a.Sick Leave$ 420

b.Annual Leave, $3700.

c.Long-service,$1890

You are required to prepare:

1.end-of-period adjustments

2.preparing an adjusted trial balance

3.closing entries.