Tell me 2 Anbedie A Alibede Abende AaBbcc Aabed Normal No Spacing Your supervisor h quested your assistance with the preparation & drafting of the Financial Reports of Suntory Lad for the period ending 30 June 2020. The company uses periodic inventory system. All sales of goods of Suntory Lad are on a credit basis. The Unadjusted Trial Balance of Suntory Ltd, as at 30 June 2020 shows the following ledger account balances: SUNTORY LTD Unadjusted Trial Balance as at 30 June 2020 Debit Credit 31 340 000 10 000 40 000 220 000 400 000 $204 000 140 000 Account Share capital First Call Retained in Accounts payable Bank overde (current) Mortgage payable Land Buildings Accumulated depreciation buildings Motor Vehicles Accounts receivable Provision for doubtfuldebts Inventory (1 July 2019) Investments Sales Interest revenue I Sales retums & allowances Purchases Freight inwards Salaries Directors Fees Como expense Interest expense Delivery General expenses 100 000 109 900 2 000 300 000 800 000 504000 35 000 5 000 261 000 3 000 93 800 6000 2000 20 000 4000 52.773.000 PARTA Your first task is to prepare General Journal entries using the template provided to record the following required adjustments at 30 June 2030, Sentory Ltd transactions during 2019 2020: Write off bad debts for the period ending 30 June 20.30 SIIS MacBook Air 80 000 000 F4 IN F7 FB FO 104 Final practice Paper SME Layout References Mailings Review View Tell me Aav A EEEE ! ADA Alle AaBbCcDc Albcode De very expe Genel expenses 4000 54300 $2773000 PARTA Your first task is to prepare General Journal entries using the template provided to record the following required adjustments at 30 June, 2020; Suntory Led transactions during 2019 2020: Write off bad debts for the period ending 30 June, 2020 1 925 Record income tax spise and current tax liability of 518 000 Declare a final dividend, 530 000. No ratification of this dividend is needed As amount of 20000 is to be transferred to a general reserve from retained caring Suntory Lid's end of financial year adjustments Provide for depreciation charges cost of buildings for the Motor vehicles were purchased March 1.203. Provide for the partial year depreciation charge using the following information $100 000 1. Residual value S18000 1. folie 5 years 4. Sum of the years digits deprecated is to be wed Record the estimated and debts expense of 85% for the yearning J2020 based on the parentage of het ereditas method : Suntory Ladies are o acred PART A- Adjusting entries Ne Nedig entry is made for being and ending in der er pride very om hem we amended as part of agri MacBook Air go 000 GGG 14 F > 57 FB FO A # 3 $ 4 * % 5 6 & 7 8 9 rences A A P WUC8104 Final practice Paper Mailings Review View Tell me IEEE 21 4 be Aline A AaBCCD ABCDe Aalbo Normal Heading Record the estimated Had debts expense of 0.5% for the year ending 30 June, 2020 based on the percentage of met credit sales method. (NR, All Suntory Insales are on a candle has PART A- Adjusting entries Note: Ne adjusting entry is made for ring and ending inventory Under the periode Lanfory system, these items would be amended as part of closing entries. GENERAL JOURNAL SUNTORY LTD 2020 DR CR June 30 I NA MacBook Air DOO 4) 80 OOD 14 59 FVO A * $ 4 % 5 & 7 6 8 9 0