The following pre-adjustment trial balance was prepared from the books of SA Industries on 30 June...

 

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The following pre-adjustment trial balance was prepared from the books of SA Industries on 30 June 2017. Furniture and equipment Accumulated depreciation: Furniture and equipment Bank Debtors Capital: J Zuma Drawings: J Zuma Creditors Non-current loan Commission earned SW AGENCIES TRIAL BALANCE AT 30 JUNE 2017 Insurance Salaries Rental Telephone Debit R 40 000 8 000 15 000 28 000 6 000 15 500 24 000 3 500 140 000 Additional information 1. Commission earned but not invoiced - R9 300. 2. Prepaid insurance on 30 June - R1 500. 3. Depreciation on furniture and equipment not yet provided for R3 000. 4. Accrued interest on non-current loan - R4 000. 5. Salaries in arrears - R2 000. 6. Telephone due - R500. Required Journalise the necessary adjustments. Journal narrations are required. Credit R 10 000 60 000 5 000 20 000 45 000 140 000 (15) The following pre-adjustment trial balance was prepared from the books of SA Industries on 30 June 2017. Furniture and equipment Accumulated depreciation: Furniture and equipment Bank Debtors Capital: J Zuma Drawings: J Zuma Creditors Non-current loan Commission earned SW AGENCIES TRIAL BALANCE AT 30 JUNE 2017 Insurance Salaries Rental Telephone Debit R 40 000 8 000 15 000 28 000 6 000 15 500 24 000 3 500 140 000 Additional information 1. Commission earned but not invoiced - R9 300. 2. Prepaid insurance on 30 June - R1 500. 3. Depreciation on furniture and equipment not yet provided for R3 000. 4. Accrued interest on non-current loan - R4 000. 5. Salaries in arrears - R2 000. 6. Telephone due - R500. Required Journalise the necessary adjustments. Journal narrations are required. Credit R 10 000 60 000 5 000 20 000 45 000 140 000 (15)

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Journalize the necessary adjustments as follows Commission earned but not i... View the full answer