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The final end of financial year 30th June, 2022 records extracted from the books of the firm Black & White Pty Ltd show the following

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The final end of financial year 30th June, 2022 records extracted from the books of the firm Black & White Pty Ltd show the following figures: GST Collections $1080 GST Outlays $1890 Salaries Payable $540 Rent Expense $5400 Interest Expense $9720 Prepaid Rent $1620 Salary Expense $4320 Prepaid Interest $1080 During the closing process the total Debit to the Profit and Loss Summary account would be: a. $22680 b. $ 2970 c. $25650 d. $19440 e. $17820

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