PSA9.2 On 1 july 2015, the ledger of Annie Clothing Ltd contained the following liability accounts. Accounts Payable $78 000 PAYG Withheld Tax Payable 1 750 Revenue Received in Advance 21 000 During July the following selected transactions occurred. july 14 Provided services for customers who had made advance payments of $7500 (credit Service Revenue). 20 Paid taxation department $1750 for PAYG withheld tax deducted from wages in June 2015. 24 Borrowed $27000 from South Coast Bank on a 6month, 12%. $27000 note. During July the entity's employees earned wages of $20 000. Payroll deductions related to these wages were $1400 for a health fund, $1900 for PAYG withheld tax, and $1800 for superannuation. Assume that wages earned during july will be paid during August. Required (a) Joumalise the july transactions. (b) Journalise the adjusting entries at 51 july for the note payable and for wages expense. (C) Prepare the current liability section of the statement of nancial position at 3] july 2015. Assume no change in accounts payable. (d) Discuss some of the other costs employers may incur in relation to their employees