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Smart Rentals Ltd opened for business on 1 April 2017. Here is its trial balance before adjustment on 30 june 2011I presented on a worksheet

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Smart Rentals Ltd opened for business on 1 April 2017. Here is its trial balance before adjustment on 30 june 2011I presented on a worksheet which is on a separate document. In addition to those accounts listed on the trial balance. the chart of accounts for Showroom Rentals Ltd also contains the following accounts: 123 Accumulated DepreciationBuilding. 131 Accumulated Depreciation Furniture, 506 Depreciation Expense, 512 Insurance Expense, 515 Interest Expense, and 530 Supplies Expense. Other data: 1.Insurance expires at the rate of $900 per month and is an annual premium commencing 1 April 201?. 2.An inventoryr of supplies shows $7200 of unused supplies on 30 june. 3.Annua| depreciation is $21600 on the building and $13000 on furniture. 4.The mortgage interest rate is 5%. [The mortgage was taken out on 1 April.l 5.$9000 of the Rent Revenue Received in Advance pertains to june. The remainder pertains to julv. 6.5alaries of $1800 are unpaid at 30 june. Required (a) Using information provided complete the worksheet. (A blank worksheet is available as a separate document.) [bl journalise the adjusting entries on 30]une. [clPrepare a ledger using T accounts. Enter the trial balance amounts as opening balances and post the adjusting entries. (d) Prepare an adjusted trial balance on 30 june

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