Gourmet Grazing Trial Balance For the year ended 30 June 2023 $ $ Rent Expense 11,520 Interest Expense 1,860 Cash at Bank 20,720 Repairs and Maintenance Expense 3,528 Drawings - Alice 16,974 Depreciation - Van 2,400 Kitchen Supplies Expense 7,188 Commercial Kitchen 33,915 Mobile Phone & Internet Expense 653 Picnic Sales 43,500 Computer 630 Picnic Set Up Sales 28,207 Depreciation - Kitchen 1,000 Water Expense 673 Advertising Expense 525 Capital - Alice 64,557 Discount Allowed 386 Loan 9,744 Sales Returns & Allowances 198 Accumulated Depreciation - Kitchen 6,318 Delivery Van 50,000 Accumulated Depreciation - Delivery Van 6,085 Accounts Receivable 4,980 Repairs and Maintenance Payable 2,063 Electricity Expense 3,849 Accounts Payable 525 QUESTION 4: Closing Entries (continued) REQUIRED The Managing Partner has requested that you assist Alice by preparing the following: a) Closing entries based on the Trial Balance provided above