Please assist with the following questions, specifically the 1st and 2nd. IT is not letting me add the trial balance spreadsheet. I don't need you to tell me the answers, just assist with how I can start. I don't understand what it means to record account balances in the general ledger accounts Ben needs to get some documentation completed again and has asked you to do it for him. He has provided you with the trial balance sheet from home and has requested you complete the following tasks: Record the account balances in the general ledger accounts Record the adjustment for 30th June 2014 in the general journal Post the journals to the ledger, including an asset register card for the motor vehicle that was sold through the year. Ben has provided you with acquisition details he obtained from the vehicle supplier Prepare a trial balance once adjustments have been posted Record the journal entries to close accounts at 30 June 2014 Post the closing entries to the general ledger Prepare a trial balance after accounts have been closed Prepare the financial reports for the year ending 30 June 2014 Ben has requested that the accounts and reports be prepared in a professional manner and presented within one week. adjustments: Interest owing on loan $4000 Wages owing to employees $10000 Additional bad debts to be written off (inclusive of GST) $5500 Provision for doubtful debts to be equal to 4% of debtors Commission revenue yet to be received $5100 The provision for long service leave is to be increased by 3% of all salaries and wages Provision for annual leave is to be doubled Advertising paid in advance $5000 Equipment is being depreciated @15% p/a using the reduced balance method depreciation Motor vehicles are being depreciated @20% p/a using the straight line method of depreciation On April 1 2014 one of the vehicles (BMW) Registration number STR333 was traded for $25000 on a new Volvo costing $66000 GST Inc, the balance payable over 3 years financed by a loan from ACG Finance. The BMW was purchased on 1 January 2010 from Smart car sales with an expected life of 5 years with no residual payment Cost price INC GST $120000 Delivery costs INC GST $5000 Registration and insurance $2500 Note: the disposal of the vehicle has not been recorded in the accounts Stock on hand @ 30 June 2014 is $100000