The trial balance of Welby is as follows: $TrialbalanceofWelbv30June2010 Notes: 1. Closing inventory is $4245. The balance on the Trial Balance is opening inventory. 2. Old delivery van was sold on 30 September 2009 and traded in against the cost of new van. The trade-in price was $700 and the cost of the new van was $1,800. No entries have been created for this transaction, apart from debiting $1,100 cash paid to the New delivery van account. 3. Straight-line depreciation is provided on a monthly basis at the following rates per annum: Motor vans, 25% Furniture and equipment, 10% 4. Allowance for Receivables =5% of closing receivables 5. Accrual of $186 is required in respect of light and heat. 6. Rent due for QE 31 July 2010 of $450 was paid on 5 June 2010 . Insurance for the year to 31 March 2011 of $840 was paid on 17 June 2010 . You are required to prepare accounting entries for: A. Closing inventory B. Non-current assets and depreciation C. Accruals D. Prepayments E. Bad debt allowance and irrecoverable debts F. Prepare a revised Trial Balance after incorporating all the entries stated under A to E