repare general journal entries, general ledger accounts, unadjusted trial balance,10-columnworksheet (including balance-day- adjustments),income statement, balance sheet and a brief report providing analysis of the difference between accrual and cash profit of the business.

The business has the following opening balances: Additional Information: Cash At Bank $15.057 Account Receivable $17,961 Bank loan interest rates (% per year) Motor vehicle useful life (years) 10 Description: Real Estate Agent Motor Vehicle $39.200 Motor vehicle scrap value ($) Account Payable $8,623 Bank Loan (due 2023) $22.410 Insurance paid for (months) 3,787 Rent paid for (months) Furniture $28.320 Promotional Material Supplies $535 Furniture useful life (years) Furniture scrap value ($) Capital Closing stock of promotional materials 30/6 ($) 756 Staff work a 14 day fortnight and are paid on the 15th day. Transactions: Date Description Amount Date Description Amount 1-Jun Paid General Insurance $2,917 2-Jun Auction commission - Cash $1,851 3-Jun Advertising Expense - Cash $789 3-Jun Rent of Business Premises $3,523 4-Jun Advertising placement fees - Cash $910 4-Jun Receive Payment from Account Customers $1.699 5-Jun Rental commission - Account $1,354 6-Jun Rental commission - Cash $1,874 8-Jun Advertising placement fees - Cash $842 9-Jun Payment to Account Payable $1,365 9-Jun Receive Payment from Account Customers $1,374 10-Jun Cash Withdrawals by Owner $1,156 11-Jun Auction commission - Account $1,030 14-Jun Advertising placement fees - Account $1,137 15-Jun Staff Wages $2,636 18-Jun Purchase promotional materials $692 19-Jun Auction commission - Cash $1.885 22-Jun Motor Vehicle Expenses $227 23-Jun Auction commission - Account $850 23-Jun Rental commission - Cash $1,510 23-Jun Advertising placement fees - Account $838 24-Jun Additional cash contributed by owner $2 749 25-Jun Sundry Expenses $557 28-Jun Payment to Account Payable 27-Jun Advertising Expense - Account $1,065 $719 28-Jun Rental commission - Account $1,306 29-Jun Staff Wages $2,636 Comments: Assume that this assignment involves an existing business that was purchased by the new owner on 1 June 2020. Note the list of transactions is in date order, left to right, line by line Use three separate ledger accounts for revenue, namely rental commission, auction commission and advertisement placement fees. All revenues relate to the month of June. Transactions involve cash unless specified as 'Account'. Record payments for rent and insurance in prepaid accounts initially. Information relevant to complete adjusting entries can be found in the top right section of this page. The periods to which the rent and insurance apply commence on 1 June. Round your calculations to the nearest dollar