Slumber sells bedding products. The following is an extract of its trial balance as at 30 June 2021 that is the end of its financial year and balance date for reporting purposes:

		Debit	Credit
		$	$
Accumulated depreciation- Equipment			30,000
Capital			320,000
Accounts receivable		35,000
Rent		38,000
Inventory		62,000
Materials on hand		6,200
Bank loan			60,000
Wages		312,000
Bank		50,000
Advertising		28,000
Accounts payable			9,000
Sales			820,000
Prepaid revenue			10,000
Depreciation		6,000
Cost of sales		322,000
Discount received			4,000
Drawings - Inventory		14,000
Other expenses		40,000
Materials used		20,000
Equipment		90,000
Sales returns		24,000

Prepare the General Journal entries to close the relevant accounts to Profit and Loss Account and Capital Account. Narrations are not required.

Date	Details	Debit	Credit
		$	$