The unadjusted trial balance of Bramble Ltd., a public company following IFRS, at December 31, 2023, is as follows: Land Equipment 11,900 Accumulated depreciation-equipment 105,500 Accounts payable- 17,400 Bonds payable 8,100 Commonshares 60.000 Retained carnings 104,600 Sales revenue 90.089 Rent revenue 221.700 Purchases 10,200 Purchase discounts 170,500 Freight out 2.500 Freight in dditional information: 1. On November 1.2023, Bramble received $10.200 rent from its lessee for a 12 -month lease beginning on that date This was credited to Rent Revenue. 2. Bramble estimates that 7% of the final Accounts Receivable balance on December 31,2023 , will be uncollectible. On December 28, 2023, the bookkeeper incorrectly credited Sales Revenue for a receipt of $1,150 on account. This error had 1. On November 1,2023, Bramble received $10,200 rent from its lessee for a 12 - tnonth lease beginning on that date. This was credited to Rent Revenue- 2. Bramble estimates that 7% of the final Accounts Receivable balance on December 31,2023 , will be uncollectible On December 28,2023, the bookkeeper incorrectly credited Sales Revenue for a receipt of $1,150 on account. This error tad not yet been corrected on December 31 . 3. After aphysical count, inventory on hand at December 31, 2023, was $77,500 4. Prepaid insurance contains the premium costs of two policies. Policy A cost of $1.320, two-year term, taken out on April 1 , 2023: Policy B, cost of $1,548, three-year term, taken out on September 1,2023 . 5. The repular rate of depreciation is 10%6 of cost per year. Acquisitions and retirements doring a year are depreciated at half this rate. There were no retirements during the year. On Decenber 31, 2022. the balance of Equipment was $94000. 6. On April 1, 2023. Bramble issued at par value 60$1:000,12% bonds maturing on April 1, 2024. Interest is paid on April 1 and October 1 . 7. OnAugust 1. 2023. Bramble purchased at parvalue 16$1,000,12% Marin inc. bonds, maturing on euly 31, 2025. Interest is paid on July 31 and January 31 . 8. On May 30, 2023. Bramble rented a warehouse for $1,030 per month and debited Prepaid Rent for an advance paynent of $12,360 9. Bramble's FV-Nl investments consist of shares with total market value of $9,380 as at December 31,2023. 10. The FV.OCl investment is an investment of 495 shares in Yop inc, with current market valse of $20 per share as at Decernber 31,2023. (a) Prepare the year-end adjusting and correcting entries for December 31, 2023, using the information given, Record the adjusting entry for inventory using a Cost of Goods Sold account. (List all detit entries before credit entries. Credit ocoount titles are outomoticolly indented when amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount tibles and enter O for the amcunts) No. Account Iitles and Explanation 1. 2. (Tocorrect incorrect entry) (To record bad debt expense.) (To record bad debt expense.) 3. 4. 8. 9. 10