Account name Advertising $5,000.00 Bad debts $19,980.00 Bank $30,000.00 Buildings $800,000.00 Buying expenses $14,800.00 Cartage outwards $120,000.00 Commission revenue $64,536.00 Discount expense $2,500.00 Discount received $1,800.00 Donations $5,000.00 Electricity $40,000.00 GST payable $9,464.00 GST Collected $500.00 $2,273.00 Input tax credits $10,000.00 Interest expense $180,000.00 Lease expense $6,000.00 Legal costs $75,000.00 Loan BL Finance due 2020 $600,000.00 ACG Loan for volvo $41,000.00 Mortgage $400,000.00 Motor vehicle expense $50,000.00 Office salaries $40,000.00 Manager salaries $100,000.00 Wages $90,000.00 Office stationary $4,000.00 Petty cash advance $500.00 Provision for annual leave $50,600.00 Provision for long service leave $21,600.00 Purchases $360,000.00 Purchases returns and allowances Rates and taxes $15,250.00 Rent revenue $300,000.00 Sales $900,000.00 Stock (1/7/21) $100,000.00 COGS $353,000.00 Creditors control $50,000.00 Debtors control $79,600.00 Provision for doubtful debts $5,780.00 Equipment $900,000.00 Accumulated depreciation - equipment $450,000.00 Drawings $63,750.00 Motor vehicle $320,000.00 Disposal of BMW $22,727.00 Volvo Motor Vechicle $60,000.00 Accumulated depreciation - motor vehicle $232,000.00 Capital $540,000.00 Interest payable $4,000.00 Salaries and wages payable $10,000.00 Long Service leave Exp $6,600.00 Annual leave Exp $25,300.00 Advertising Expense $50,000.00 Depreciation exp Equipment $135,000.00 Depreciation exp MV $64,000.00 Prepare profit and loss account and bank statement