Reindeer plc's summarised trial balance at 30 June 20X5 is as follows. Some closing adjustments have already been posted to the nominal ledger before this trial balance was extracted 685,600 Gross profit Distribution costs Administrative expenses Bank interest 122,500 364,500 800 Debenture interest paid 35.000 Land and buildings - cost 2,887,500 Land and buildings - accumulated 607,500 depreciation at 1 July 20X4 Plant and equipment -cost 438,750 Plant and equipment - accumulated 121,250 depreciation at 1 July 20X4 Inventories at 30 June 20X5 52.500 Accounts receivable 45,000 Allowance for receivables 5,000 Bank 33.350 Ordinary share capital 800,000 6% irredeemable preference share capital Retained earnings at 1 July 20X4 7% debentures Accounts payable Suspense account 75,000 1,042,250 500,000 72,500 4.100 3,946,550 3,946,550