"The Final Frontier is a retail store that is owned and operated by Wesley Crusher and specialises in astronomy books and telescopes. The following trial balance has been prepared for the year ended 30 June 2020. Credit ($) 11,200 THE FINAL FRONTIER Trial Balance As at 30 JUNE 2020 Debit ($) Cash 89,550 Accounts Receivable 111,000 Inventory (30 June 2020) 136,038 Prepaid Insurance 2,100 Prepaid Rent 6,300 Book Shelving 56,000 Accumulated Depreciation - Book Shelving Photocopier 14,000 Accumulated Depreciation - Photocopier Accounts Payable W. Crusher, Capital (1 July 2019) W. Crusher, Drawings 43,750 Sales Sales Returns & Allowances 7,875 Discount Allowed 1.400 Cost of Sales 505,162 Freight inwards 7,525 Discount Received Freight Outwards 4,200 Bookkeepers Wages Expense 84.000 Local Government Rates Expense 2825 Insurance Expense 12,600 Advertising Expense 9,600 Rent Expense 23. 100 1,117,025 7,000 112.875 203,000 779,800 3.150 1,117,025 The following additional information is also provided for the year ended 30 June 2020: 1) A physical stocktake of inventory at 30 June 2020 revealed $127,890 on hand. 2) it is estimated that 3.5% of the 30 June 2020 balance of accounts recevable will not be received. 3) $50,900 of the recorded sales represents payments for goods which will not be delivered until July 2020. 4) Both the Photocopier and Book Shelving are expected to be used evenly over their useful lives. The expected total useful lives and residual values of both assets are as follows: Useful life Residual Value 10 years $4,000 Book Sheving Photocopier 4 years $1,200 5 The firm's Insurance is paid in advance and initially treated as prepaid insurance. The insurance costs amount to $700 per month. The last insurance payment made was for 3 months commencing 1 June 2020. 6) The Final Frontier paid $9,600 on 1 January 2020 for 2 years of advertising to be printed in The Daily Astronomer Newspaper. This payment was recorded as an expense at the time it was paid. 7) Upon receipt of the business's bank statement, Wesley realised that the business had earned $196 interest on 30 June 2020. This amount was recorded directly in the business's bank account by the bank. The accounting records need to be updated for this transaction 8) Bookkeepers wages owing but not paid as at balance day equals 59,100. REQUIRED: Question 10 - 20 marks Based on the information provided above, record any necessary adjusting journal entries. To assist you, journal entry templates have been provided on the following two pages (please note you do not have to use all of them), Each journal entry must be correctly formatted and should also include a brief narration (explanation for the entry