The adjusted trial balance shown below is for Morrison Real Estate at the end of its reporting period 30 June 2019.

	Debit $	Credit $
Cash at bank	12500
Accounts receivable	9240
Office supplies	770
Prepaid insurance	2750
Office equipment	15400
Accumulated depreciationoffice equipment		5280
Accounts payable		3680
Salaries payable		1200
Rent revenue received in advance		760
Morrison, Capital		17820
Morrison, Drawings	1250
Service revenue		32600
Rent revenue		15000
Salaries expense	17800
Office supplies expense	1900
Rent expense	11500
Insurance expense	2350
Depreciation expenseoffice equipment	880
	76340	76340

Required

a) Prepare the required closing entries for Morrison Real Estate for the year ended 30 June 2019. Narrations are required. (13 Marks)

b) Prepare Morrisons Capital account using the T-account provided below. (2 Marks) (Total 15 Marks)

Morrison, Capital

Date	Explanation	Amount $	Date	Explanation	Amount $