Peter has been trading for a number of years as a toy shop under the name Tinkerbell Toys. On 31 December 2018, the financial year-end, Tinkerbell Toys had the following trial balance: Additional information: 1. The insurance premium is paid, in advance, on 31 January every year, whereupon the insurance expense account is debited and the bank account is credited. R350 of this payment relates to the year 2019. 2. Wages (amounting to R1 200) owed for the period 27 December 2018 to 31 December 2018 had still not been paid or recorded as at 31 December 2018. 3. The mortgage loan was obtained on 30 June 2017 and the first capital repayment of R10 000 was made and correctly recorded on 30 June 2018. Interest is payable in arrears, at 10% per annum and is paid biannually on 1 January and 1 July every year. All interest payments were made and correctlyrecorded. 4. On 12 December 2018, Peter took goods which had cost R1 800 for his own use. The bookkeeper was uncertain as to how this should be recorded and therefore omitted to record the transaction. 5. Tinkerbell Toys had returned merchandise (cost: R450) that had been purchased from a creditor. The bookkeeper had omitted to record this transaction. 6. Depreciation for the year has not been recorded. Depreciation for motor vehicles is calculated at a rate of 25% p.a. on cost and the cost of the office equipment is depreciated over 3 years. All motor vehicles were purchased on 1 January 2017 at a cost of R20 000. All office equipment on hand at 1 January 2018 was purchased on 1 January 2016 at a cost of R6 000. Additional office equipment to the value of R3 000 was purchased on 30 June 2018 and this purchase was correctly recorded