Consider the following unadjusted trial balance at $\frac{31}{12}\frac{?}{2022}$ :

And the following additional information:

The inventory at $\frac{31}{12}\frac{?}{2022}$ is $9,000.$

Buildings are depreciated using the straight line method, with $25$ years of useful

life and a resale value of $15,000.$

Machinery is depreciated using the reducing balance method, with a $30\%$ yearly

depreciation.

At the end of the year, there is an outstanding bill for electricity consumed in

December $2022.$ The amount is $400$ and it will be paid at the end of January $2023.$

A receivable for $1000$ is considered irrecoverable and needs to be written off. The

company needs to take a provision for doubtful debts equal to $5\%$ of receivables.

Prepare the adjusted trial balance at $31/12/2022.$ For each adjustment, show your

workings and justify them