If the last digit ur student ID number is $4,$ use this data sheet.

Proprietor: Name: Description:

ell Holmes

or $21$

Estate Agent

$$12,057$

$$15,937$

$$32,379$

$$8,503$

$$23,132$

$$25,907$

$$545$

$?$

Amount

$$2,107$

$$3,364$

$$963$

$$1,829$

$$917$

$$1,479$

$$1,782$

$$746$

$$1,690$

$$1,285$

$$1,214$

$$3,732$

$$741$

$$2,058$

Additional Information:

Bank loan interest rates $(\%$ per year$),10$

Motor vehicle useful life $($years$)$

Motor vehicle scrap value $((S)$

Insurance paid for $($months$)$

Rent paid for $($months$)$

Fumiture useful life $($years$)$

Furniture scrap value $($ $ $)$

Closing stock of promotional materials $\frac{30}{6}($$$)$

Staff work a $14$ day fortnight and are paid on the $15$th day.

$993$

Comments:

Assume that this assignment involves an existing business that was purchased by the new owner on $1$ June $2023.$

Note the list of transactions is in date ordar, left to right, line by line.

Use three separate ledga aceounts for revenue, namely rental commission, auction commission and advertisement placement fees. All revanues relate to the month of June.

Trancactions involve cach unless specified as 'Account'.

Record payments for rent and insurance in prepaid accounts initially.

Information relevant to complete adjusting entries can be found in the top right section of this page.

The periods to which the rent and insurance apply commence on $1$ June.

Round your calculations to the nearest

dollar.