Granny Smith, a fruit seller reported the following items on her statement of financial position as at 1 July 2019: Rent Expense Accrued - 800 Insurance Expense Prepaid - 720 Rates Expense Prepaid (Rates were prepaid for 3 months) - 700 During the financial year ended 30 June 2020 the following payments were made from the business bank account: Date 5 August 2019 18 October 2019 Particulars Amount Period covered Rent Expense 1,200 Insurance Expense 2,400 15 November 2019 Rates Expense 1,500 11 December 2019 Rent Expense 1,600 7 April 2020 Rent Expense 1,600 23 May 2020 Rates Expense 1,500 Three months to 31 July 2019 Twelve months to 31 October 2020 Six months to 31 March 2020 Four months to 30 November 2020 Four months to 31 March 2020 Six months to 30 September 2020 Required: Using simple T-accounts: Record ALL the above transactions in the Rent Expense, Insurance Expense and Rates Expense Record any year-end adjustments Where relevant, close off accounts