ACACT203A S1 2021 Assignment Case Study Working Paper Template Tempest Holdings Ltd - Trial Balance as at 30 June 2021 DR CR $'000 S'000 Sales Cost of sales Selling expense Administration expense Wages and salaries expense Employee entitlements expense Interest expense Interest revenue Depreciation expense Doubtful debts expense Plant and machinery Freehold land Buildings Debentures (10 % , 5 year ) Inventory Accounts receivable Allowance for doubtful debts (= Allowance for impairment Accrued employee entitlements Accumulated depreciation - plant and machinery Accumulated depreciation - buildings Goodwill Accounts payable Bank loan Bank overdraft Cash at bank Share capital Income tax expense 23.7 Income tax payable 25.9 Deferred tax asset 4.5 Deferred tax liability 8.3 Dividend payable Asset revaluation reserve /revaluation surplus Plant maintenance reserve Retained earnings ( before closing entries ) 20 Totals