You have the following info

Motor vehiclesatcost

Motor vehicles acc. depreciation at $1$ July $20x8$

Fixturesatcost

Fixtures acc. depreciationat $1$July $20$X$8$

Office equipmentatcost

Office equipment $-$ acc. depreciation at $1$ July $20x8$

Trade receivables

Allowance for receivablesat$1$July $20$X$8$

Insurance

$\backslash$table$[[$Debit $($$$),$Credit $($$$)],[200,70],[60,20],[125,45],[580,10],[90,]]$

The following adjustments have not yet been made in the books:

$($i$)$ Motor vehicles are depreciated over $4$ years on the straight$-$line basis On $31$ March $2009,$ a motor vehicle that had cost $$20,000$ on $1$ July $200$ was disposed of for $$8,000.$ It is the company's policy to charge a full year' depreciation in the year of purchase, and hence none in the year $0$ disposal. No entries have been made for the disposal.

$($ii$)$ Fixtures are depreciated on the straight$-$line basis over $10$ years, on an actual time basis

$($i$.$e$.$ from the date of acquisition$).$ On $1$ October $2008,$ fixtures were purchased for $$40,000,$ which have not been entered in the books.

$($iii$)$ Office equipment is depreciated at $20\%$ per annum on the reducingbalance basis.

$($iv$)$ On $30$ June $2009,$ it was decided to write off a bad debt of $$80,000$ and to make an allowance for receivables of $3\%$ of the remaining receivables.

$($v$)$ The insurance figure above covers the period $1$ July $2008$ to $30$ September $2009.$

$($vi$)$ Sales representatives are paid commission, which amounts to $5$ per cent of the previous month's sales. The commission is due for payment or the $15$ th of the following month. During June $2009,$ sales amounted to $$120,000.$

Requirement:

A$)$ Prepare income statement for the year ended $30$ June $2009$

B$)$ Prepare journal entries and adjusted trial balance