The following is an extract from the Trial Balance of Rriaht nav (Ptu) I td fnr tho voar ondad 21 nammhnumnn The following adjustments still need to be taken into account in the preparation of the financial statements: 1. Only 10 month' rent was received and included in the trial balance above 2. Stationery unused on 31 December 2022 was valued at R200 3. Commission amounting to R1600 was received in advance 4. An additional amount of R400 must be written off as irrecoverable due to a debtor being declared insolvent 5. An amount of R12 500 must be raised as a provision for doubtful debts 6. Depreciation on machinery that cost R200 000 has been correctly calculated for the year as R50 000. No entries have been processed for this amount as yet 7. The January invoice for water and electricity of R550 has still not been paid. 8. Interest expense on bank loans is calculated at 15\% per annum. The loan was received on 31 December 2018 for an amount of R10 000. The interest was paid monthly. The capital repayment is only due on 31 December 2022