Salaries and wages $301800$Telephone expense $($see point $5$ below$)5490$Interest expense $1800024125102412510$Assume all the appropriate reversal entries relating to the prior year wereprocessed correctly on $1$ January $2023.$On $30$ June $2023,$ a cheque for R$60000$ was issued to repay part of the $12\%$ bankloan. Interest on the loan is payable half$-$yearly in arrears on the $1$ July and $1$ January.The bookkeeper correctly recorded the payments made on $1$ January $2023$ and$30$ June $2023$ but has, however not yet accrued for the interest on the loan that will bepaid on $1$ January $2024.$The bookkeeper has also not recorded $($or adjusted for$)$ the following items relating tothe financial year ended $31$ December $2023$:$1.$ The fixed deposit investment was made on $1$ March $2023$ and correctlyrecorded. It earns interest at $10\%$ per annum. The interest on the fixed deposithas not yet been received for the last two months of the financial year$\mathrm{.}2.$ The advertising expenses $($see the pre$-$adjustment trial balance$)$ include anamount of R$600$ paid for advertising to be done in January $2024\mathrm{.}3.$ According to the non$-$current assets register, there is only one delivery vehiclewhich is depreciated at $20\%$ per annum using the straight$-$line method ofdepreciation. The vehicle was purchased on the $1$st of January $2021$ and has aresidual value of R$19200.$ The bookkeeper has not yet provided for this yearsdepreciation$\mathrm{.}4.$ The account of BBz Little Cakes, a debtor owing the entity R$2400,$ wasdeclared insolvent and must be written off as$$irrecoverable$\mathrm{.}5.$ A telephone bill of R$1800$ relating to the month of December $2023$ was receivedon $5$ January $2024$ and no entries had been made for it$\mathrm{.}6.$ The fees income of R$228000$ includes an amount of R$6000($received inDecember $2023),$ which relates to cake decorating classes to be provided inJanuary $2024\mathrm{.}7.$ The physical count conducted on $31$ December $2023$ revealed that inventoryon hand had a cost of R$125000$ and a net realisable value $($NRV$)$ of R$100000.$The company makes use of a Trading Account in the General Ledger in order tocalculate the gross profit.REQUIRED:Prepare the following accounts in the General Ledger of Tom Johns for the yearended $31$ December $2023.$ Show all your workings$\mathrm{.}2\mathrm{.}1$ Trading Account $(6$ marks$)2\mathrm{.}2$ Profit and Loss Account$(24$marks$)$