The adjusted trial balance shown below is for Willett Real Estate at the end of its reporting period 30 June 2021 Debit $ Credit $ 100 Cash at bank 10400 101 Accounts receivable 9400 102 Office supplies 700 103 Prepaid insurance 2500 104 Office equipment 14000 105 Accumulated depreciationoffice equipment 4800 200 Accounts payable 5800 201 Salaries payable 1100 202 Rent revenue received in advance 700 300 Willett, Capital 16200 301 Willett, Drawings 600 400 Service revenue 46400 500 Salaries expense 18100 501 Office supplies expense 1600 502 Rent expense 15000 503 Insurance expense 1500 504 Depreciation expenseoffice equipment 1200 75000 75000 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 Willett 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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The adjusted trial balance shown below is for Willett Real Estate at the end of its reporting period 30 June 2021. Debit $ Credit $

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

	Debit $	Credit $
100-Cash at bank	10400
101-Accounts receivable	9400
102-Office supplies	700
103-Prepaid insurance	2500
104-Office equipment	14000
105-Accumulated depreciationoffice equipment		4800
200-Accounts payable		5800
201-Salaries payable		1100
202-Rent revenue received in advance		700
300-Willett, Capital		16200
301-Willett, Drawings	600
400-Service revenue		46400
500-Salaries expense	18100
501-Office supplies expense	1600
502-Rent expense	15000
503-Insurance expense	1500
504-Depreciation expenseoffice equipment	1200
	75000	75000

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 Willett 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)