The adjusted trial balance shown below is for Miller Real Estate at the end of its reporting period 30 June 2021 Debit $ Credit $ 100 Cash at bank 20800 101 Accounts receivable 18800 102 Office supplies 1400 103 Prepaid insurance 5000 104 Office equipment 28000 105 Accumulated depreciationoffice equipment 9600 200 Accounts payable 11600 201 Salaries payable 2200 202 Rent revenue received in advance 1400 300 Miller, Capital 32400 301 Miller, Drawings 1200 400 Service revenue 92800 500 Salaries expense 36200 501 Office supplies expense 3200 502 Rent expense 30000 503 Insurance expense 3000 504 Depreciation expenseoffice equipment 2400 150000 150000 Required a) The closing entries of the following journal is incomplete You are required to select the missing entries and narrations from the drop down list to complete the closing entries of Miller Real Estate for the year ended 30 June 2021 The entries must follow the chart of accounts reference number order where appropriate The amounts must be typed in the space provided DO NOT type the dollar sign ($) DO NOT use thousands separators (i e commas eg 2,000 space eg 2 000 or full stop eg 2 000) when typing the amounts NO decimals (13 Marks)

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Posted on Jul 20, 2024

The adjusted trial balance shown below is for Miller Real Estate at the end of its reporting period 30 June 2021. Debit $ Credit $

The adjusted trial balance shown below is for Miller Real Estate at the end of its reporting period 30 June 2021.

	Debit $	Credit $
100-Cash at bank	20800
101-Accounts receivable	18800
102-Office supplies	1400
103-Prepaid insurance	5000
104-Office equipment	28000
105-Accumulated depreciationoffice equipment		9600
200-Accounts payable		11600
201-Salaries payable		2200
202-Rent revenue received in advance		1400
300-Miller, Capital		32400
301-Miller, Drawings	1200
400-Service revenue		92800
500-Salaries expense	36200
501-Office supplies expense	3200
502-Rent expense	30000
503-Insurance expense	3000
504-Depreciation expenseoffice equipment	2400
	150000	150000

Required

a) The closing entries of the following journal is incomplete. You are required to select the missing entries and narrations from the drop-down list to complete the closing entries of Miller Real Estate for the year ended 30 June 2021. The entries must follow the chart of accounts reference number order where appropriate. The amounts must be typed in the space provided. DO NOT type the dollar sign ($). DO NOT use thousands separators (i.e. commas: eg: 2,000; space: eg: 2 000; or full stop: eg: 2.000) when typing the amounts. NO decimals. (13 Marks)