The unadjusted trial balance of Mountainview Limited as at 31 December, 2019 is as follows:

Account title Unadjusted Trial Balance

DR$ CR$

Cash at Bank 6,500

Office Supplies 4,500

Prepaid Insurance 2,850

Delivery Vans 86,000

Acc. Depr.- Del. Vans 24,000

Bank Loan Payable 45,000

Capital 32,000

Drawings 12,000

Revenue 68,010

Salaries Expense 38,600

Advertising Expense 2,500

Repairs Expense 1,660

Fuel Expense 8,400

Electricity Expense 3,600

Telephone Expense 800

Interest Expense 1,600

169,010 169,010

The following additional information should be taken into account [Ignore GST]:

1.0 Office supplies unused at 31 December 2019 amount to $1,250.

2.0 The Prepaid Insurance account consists of the following insurance policies: Policy numberDate of policyLife of PolicyTotal Cost A10021 January 20182 years$2,500 B10031 July 20191 year$1,600 Hint: Only ONE journal entry is required

3.0 Salaries earned by employees but unpaid at 31 December 2019 totaled $945.

4.0 Supplier charges Mountainview Ltd $1,650 of fuel which has been used by delivery vans in December 2019.

5.0 Interest accrued on Bank Loan at 31 December is $475.

6.0 The Revenue account includes $2,300 for services to be provided in January, 2020.

7.0 Delivery has been made to customers worth $650 in the last week of December; however, customers have yet to settle their accounts. 8.0 Advertising expense includes $650 worth of advertising to be used by company in February, 2020.

REQUIRED: Refer to TABs BELOW to answer your questions

A) PREPARE RELEVANT ADJUSTING ENTRIES. 16 MARKS

B) POST TO 10-COLUMN WORKSHEET PROVIDED. 20 MARKS

C) PREPARE CLOSING ENTRIES. 8 MARKS

D) PREPARE APPROPRIATE REVERSING ENTRIES. 6 MARKS