Burberry Ltd has the following information extract from its Trial Balance at 30 June DR CR 120,000 1,500,000 Vehicle Insurance Vehicles Accumulated Depreciation of Vehicles Prepaid Rent Revenue Wages 300.000 600,000 2,250,000 Additional Information Vehicle Insurance was paidJ April 2018 for the next 12 months Prepaid Rent revenue for 3 months was received June 12018 Wages incurred but not yet paid at 30 June 2018 totalled $150,000 . Vehicles purchased 1 July 2016 are depreciated at 20 percent per annum rec he year-end is 30 June 2018 equired (a) Prepare any necessary balance day adjustment general journal entries at 3 (b) Prepare closing general journal entries for the extracted items at 30 June2 (c) Prepare any necessary reversing entries at 1 July 2018 (d) By referring to the information related to wages above, briefly explain t for the balance day adjustment, closing entry and reversing entry