Additional information:
(a) Accrued interest on notes receivable is RM1,000.
(b) Depreciation on the equipment is RM2,000
(c) Accrued wages is RM1,200
(d) Accrued utilities is RM800 (charged to miscellaneous account)
(e) Rental which is due is RM1,000.
(f) Cash drawings by Amy is RM2,800
(g) Cash of RM400 is received from a customer for a debt which was wrongly credited to the
trade payables
Instructions:
1. Prepare adjusting journal entries for transactions (a)-(g).
2. Prepare the adjusted trial balance as at 31 December 2019.