Using the adjusted trial balance above, complete the general journal entries to close off the accounts for the end of the reporting period, post to and balance the general ledger accounts.

Pro Diver Adjusted Trial Balance as at 30 June 20xx Account Debit Credit Account Number 100 105 7,187.92 200.00 7,497.00 110 120 130 140 2,501.25 350,000.00 160 161 44,479.00 170 110,993.45 171 68,935.00 180 29,900.00 181 9,468.00 190 14,700.00 Bank Account Petty Cash Accounts Receivable Prepaid Insurance Prepaid Rates and Taxes GST Paid (Outlays) Buildings and Improvements (Cost) Accumulated Depreciation - Bldgs and Improvements Hire Equipment (Cost) Accumulated Depreciation - Hire Equipment Motor Vehicles (Cost) Accumulated Depreciation - Motor Vehicles Store Equipment (Cost) Accumulated Depreciation - Store Equipment Accounts Payable GST Collected PAYG Withholding Payable Superannuation Payable Wages and Salaries Payable Bank Loan Capital Drawings Hire Service Income Lesson Income Discounts Received Freight Collected Profit on Sale of PPE 191 200 210 220 6,799.00 5,359.00 6,733.42 1,660.00 414.00 80.00 219,191.67 151,156.00 230 240 280 310 315 39,029.00 400 127,183.00 30,810.00 410 420 519.33 430 85.00 440 288.82 600 605 610 615 620 625 630 635 640 645 Advertising Bank Charges Cleaning Depreciation Discounts Given Electricity Freight Expense Insurance Interest Expense Motor Vehicle Expenses Office Supplies Printing and Postage Rates and Taxes Repairs and Maintenance Diving Instruction Charges Staff Amenities Superannuation Telephone Wages and Salaries 2,150.00 127.10 900.00 38,658.00 309.60 3,480.50 1,111.44 4,575.00 15,194.47 2,610.00 118.80 165.46 1,977.00 995.00 14,941.82 260.83 1,818.00 1,479.60 20,280.00 673,161.24 650 655 660 665 670 675 680 685 690 673,161.24 Page: 20 GENERAL JOURNAL Description Post Ref Date Debit Credit (To close income accounts) Page: 21 GENERAL JOURNAL Description Post Ref Date Debit Credit June (To close expense accounts) (To transfer profit for the year) (To close drawings to capital account) GENERAL LEDGER Name: BANK ACCOUNT Acct No.: 100 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,632.20 June 30 Payments CP312 16,570.02 30 Receipts CRJ14 9,125.74 July Name: PETTY CASH Acct No.: 105 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 200.00 Name: ACCOUNTS RECEIVABLE Acct No.: 110 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 5,760.00 June 30 Bank Account CRJ14 6,885.60 30 Sales SJ10 8,622.60 July Name: PREPAID INSURANCE Acct No.: 120 Date Post Ref Debit Date Details Post Ref Credit Details Balance June 1 381.25 June 30 Insurance GJ20 381.25 Name: PREPAID RATES AND TAXES Acct No.: 130 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 164.75 June 30 Rates and Taxes GJ20 164.75 Name: GST PAID (OUTLAYS) Acct No.: 140 Date Details Post Ref Debit Debit Date Details Post Ref Credit June 1 Balance 27 GJ20 15.00 1,905.75 June 532.64 Accounts Payable Bank Account 30 Accounts Payable PJ11 30 CP312 12.72 30 Bank Account CP)12 90.58 July Acct No.: 160 Name: BUILDINGS AND IMPROVEMENTS (COST) Date Details Post Ref June 1 Balance Debit Date Details Post Ref Credit 350,000.00 Name: ACCUMULATED DEPRECIATION - BLDGS AND IMPROVEMENTS Acct No.: 161 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 43,750.00 30 Depreciation GJ20 729.00 Acct No.: 170 Post Ref Debit Date Details Post Ref Credit Name: HIRE EQUIPMENT (COST) Date Details 1 Balance 6 Accounts Payable 26 Accounts Payable June 17 CRJ14 601.82 PJ11 108,000.00 June 2,445.45 1,500.00 17 Bank Account Accumulated Depreciation Accounts Payable GJ20 200.18 P311 27 GJ20 150.00 July Name: ACCUMULATED DEPRECIATION - HIRE EQUIPMENT Acct No.: 171 Date Post Ref Debit Date Details Post Ref Details HECost/Profit Credit 67,500.00 June 17 GJ20 489.00 June 1 Balance 30 Depreciation GJ20 1,924.00 July Acct No.: 180 Name: MOTOR VEHICLES (COST) Date Details June 1 Balance Post Ref Debit Date Details Post Ref Credit 29,900.00 Name: ACCUMULATED DEPRECIATION - MOTOR VEHICLES Acct No.: 181 Date Details Post Ref Debit Date Details Post Ref Credit June 1 8,970.00 Balance Depreciation 30 GJ20 498.00 Acct No.: 190 Name: STORE EQUIPMENT (COST) Date Details June 1 Balance Post Ref Debit Date Details Post Ref Credit 14,700.00 Acct No.: 191 Name: ACCUMULATED DEPRECIATION - STORE EQUIPMENT Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 6,615.00 30 Depreciation GJ20 184.00 Name: ACCOUNTS PAYABLE Acct No.: 200 Date Details Post Ref Debit Date Details Post Ref Credit June 27 Hire Equipment/GST GJ20 165.00 June 1 Balance 5,824.00 5,859.00 30 Bank Account CP)12 6,159.00 30 Purchases PJ11 July Name: GST COLLECTED Acct No.: 210 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Bank Account CRJ14 30.96 June 1 Balance 5,745.90 30 Accounts Receivable SJ10 783.87 30 Bank Account CRJ14 234.61 July Name: PAYG WITHHOLDING PAYABLE Acct No.: 220 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,120.00 28 Bank Account CP)12 540.00 Name: SUPERANNUATION PAYABLE Acct No.: 230 Date Post Ref Debit Date Details Post Ref Credit Details Bank Account June 25 CP)12 432.00 June 1 432.00 Balance Superannuation 30 GJ20 414.00 Name: WAGES AND SALARIES PAYABLE Acct No.: 240 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Wages and Salaries GJ20 80.00 Name: BANK LOAN Acct No.: 280 Date Details Post Ref Debit Date Details Post Ref Credit 220,000.00 June 1 Bank Account CP)12 2,000.00 June 1 Balance V V 30 Interest Expense GJ20 1,191.67 July Name: CAPITAL Acct No.: 310 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 151,156.00 July Name: DRAWINGS Acct No.: 315 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 36,000.00 June 12 Bank Account CP)12 3,029.00 Name: PROFIT OR LOSS SUMMARY Acct No.: 390 Date Details Post Ref Debit Date Details Post Ref Credit June v June Name: HIRE SERVICE INCOME Acct No.: 400 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 122,880.00 30 Accounts Receivable SJ10 3,758.73 30 Bank Account CRJ14 544.27 Name: LESSON INCOME Acct No.: 410 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 25,530.00 30 Accounts Receivable SJ10 4,080.00 1,200.00 30 Bank Account CRJ14 Name: DISCOUNTS RECEIVED Acct No.: 420 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 392.10 30 Bank Account CP312 127.23 Name: FREIGHT COLLECTED Acct No.: 430 Date Details Post Ref Debit Date Details Post Ref Credit June June 1 Balance 85.00 Name: PROFIT ON SALE OF PPE Acct No.: 440 Date Details Post Ref Debit Date Details Post Ref Credit June June 17 Hire Equipment GJ20 288.82 Name: ADVERTISING Acct No.: 600 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 2,150.00 June Name: BANK CHARGES Acct No.: 605 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 112.40 June 1 Bank Account CP)12 14.70 Name: CLEANING Acct No.: 610 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 800.00 June 28 Bank Account CP)12 100.00 Name: DEPRECIATION Acct No.: 615 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 35,323.00 June v 30 Accumulated Depreciation GJ20 3,335.00 Name: DISCOUNTS GIVEN Acct No.: 620 Date Details Post Ref Debit Date Details Post Ref Credit June 30 Bank Account CRJ14 309.60 June Name: ELECTRICITY Acct No.: 625 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 3,480.50 June Name: FREIGHT EXPENSE Acct No.: 630 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 962.35 June 30 Accounts Payable PJ11 149.09 Name: INSURANCE Acct No.: 635 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 4,193.75 June 30 Prepaid Insurance GJ20 381.25 Name: INTEREST EXPENSE Acct No.: 640 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 14,002.80 June 30 Bank Loan GJ20 1,191.67 Name: MOTOR VEHICLE EXPENSES Acct No.: 645 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 2,530.00 June 20 Bank Account CP)12 80.00 Name: OFFICE SUPPLIES Acct No.: 650 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 118.80 June Name: PRINTING AND POSTAGE Acct No.: 655 Date Details Post Ref Debit Date Details Post Ref Credit June 1 1 Balance 109.10 June 12 Petty Cash CP312 56.36 Name: RATES AND TAXES Acct No.: 660 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,812.25 June 30 Prepaid Rates and Taxes GJ20 164.75 Name: REPAIRS AND MAINTENANCE Acct No.: 665 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 675.00 June 24 Bank Account CP)12 320.00 Name: DIVING INSTRUCTION CHARGES Acct No.: 670 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 13,710.00 June 17 Accounts Payable P311 1,231.82 Name: STAFF AMENITIES Acct No.: 675 Date Details Post Ref Debit Date Details Post Ref Credit June 1 1 Balance 234.70 June 15 Petty Cash CP)12 26.13 Name: SUPERANNUATION Acct No.: 680 Date Details Post Ref Debit Date Details Post Ref Credit June 1 1 Balance 1,404.00 June 30 Superannuation Payable GJ20 414.00 Name: TELEPHONE Acct No.: 685 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 1,137.40 June 4 Bank Account CP)12 342.20 Name: WAGES AND SALARIES Acct No.: 690 Date Details Post Ref Debit Date Details Post Ref Credit June 1 Balance 15,600.00 June 4,600.00 28 30 Bank Account Wages and Salaries Payable CP)12 GJ20 80.00