Reindeer plc's trial balance at 30 September 20X9 is as follows: 1,579,400 Sales Inventories at 30 September 20X8 205,000 Purchases 581,000 Administrative expenses 50,300 Other operating expenses 15,400 Prepayments at 30 September 20X8 1,800 Bank loan interest paid 30,000 Freehold land and buildings Cost 2,000,000 Accumulated depreciation at 30 September 20X8 168,000 Fixtures and fittings Cost 75,200 Accumulated depreciation at 30 September 20X8 43,000 Accounts receivable 84,000 Bank 1,220 Ordinary share capital (1 shares) 200,000 Share premium 50,000 Retained earnings 442,320 8% bank loan 500,000 Accounts payable 61,200 3,043,920 3,043,920 The following adjustments have yet to be accounted for: 1. Revenue comes from sales of books and annual subscriptions to a magazine. At 30 September 20X9 subscriptions received in advance totalled 13,200 and subscriptions in arrears were 16,300.