From the list of account balances, shown in figure 11.37, as at 30 June 2022 from the general ledger of D Jounama, together with the balance day adjustments, you are required to prepare an 8-column worksheet, an income statement and a balance sheet.

Balance day adjustments are listed below.
a Inventory $6254.
b Salaries accrued $790.
c Prepayment of insurance $350.
d Depreciate machinery at 20% p.a.
e Depreciate motor vehicle at 15% p.a.
f Write off bad debts $330 ($300 + $30 GST).
g Adjust allowance for doubtful debts to 3% of accounts receivable.
h Accrue interest on loan $870.
i Accrue for electricity $378.
j Accrue for telephone $215.

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Bank Accounts Receivable Control Allowance for Doubtful Debts Inventory (1 January 2022] GST Receivable Account Balances of D Jounama as at 30 June 2022 Machinery Accumulated Depreciation - Machinery Motor Vehicles Accumulated Depreciation - Motor Vehicles Accounts Payable Control GST Payable Loan from A Reservoir Capital Drawings Sales Purchases Freight Inwards Advertising Freight Outwards Salaries Electricity Telephone Insurance Bank Charges Interest on Loan Bad Debts Expense Discount Allowed Doubtful Debts Expense 22 327 11484 420 6 057 810 59 000 15 213 22 000 6 600 4081 1910 24 000 ?? 3 175 76 552 28 835 776 486 859 21 889 581 234 720 61 1080 848 367 208