PSB3.3 Matrix Ltd began operations on 1 July 2019. Quarterly financial statements are prepared. The trial balance and adjusted trial balance on 30 September are shown below. MATRIX LTD Trial balances as at 30 September 2019 Unadjusted Adjusted 8710 Commissions receivable Prepaid rent $ 8710 1300 1170 1950 1560 Supplies Equipment 19 500 19 500 Accumulated depreciation-equipment Accounts payable Salaries payable $ 1963 1963 520 Interest payable Rent revenue received in advance Bank loan 1170 6 500 18 200 6500 18 200 Share capital Retained earnings Dividends Commission revenue 12 200 18 980 Rent revenue 520 910 Salaries expense 12 220 Rent expense Depreciation expense Supplies expense Electricity expense Interest expense Required a. Journalise the adjusting entries that were made (narrations not required) b. Prepare a statement of profit or loss and a calculation of retained earnings for the 3 months ending 30 September and prepare a statement of financial position as at 30 September. c. Identify which accounts should be closed on 30 September. d. If the interest rate on the loan is 12%, when did Matrix Ltd take out the loan