Question textDIY Tools is a retail business and they have provided you with the following Trial balance as at 30 June 2022: [table] | DR | CR Bank | 150,000 | Accounts Receivable | 40,000 | Inventory | 31,000 | Prepaid Insurance | 12,000 | Vehicles | 150,000 | Less Accumulated Depreciation of Vehicles | | 30,000 Buildings | 750,000 | Accumulated Depreciation of Building | | 75,000 Accounts Payable | | 17,500 Mortgage | | 450,000 Capital | | 330,500 Retained Earnings | | 140,000 Sales | | 568,000 Cost of Goods Sold | 275,000 | Advertising | 48,000 | Electricity | 25,000 | Interest Expense | 15,000 | Wages | 115,000 | | 1,611,000 | 1,611,000 [/table] And the Balance Day Adjustment journals are: [table] Details | Debit $ | Credit $ Insurance Expense | 4000 | Prepaid Insurance | | 4000 (Adjustment for Insurance used) | | Prepaid Advertising | 8000 | Advertising | | 8000 (Adjustment for Advertising used) | | Wages | 11000 | Wages Payable | | 11000 (Adjustment for wages not yet paid) | | Depreciation Expense | 12000 | Accumulated Depreciation of Vehicles | | 12000 (Adjustment for use of vehicles) | | Depreciation Expense | 37500 | Accumulated Depreciation of Building | | 37500 (Adjustment for use of buildings) | | [/table] Complete the Trial Balance for the final balances after the posting of the Balance Day Adjustment journals [table] | DR | CR Bank | Answer 1 Question 1 | Accounts Receivable | 40000 | Inventory | 31000 | Prepaid Insurance | Answer 2 Question 1 | Prepaid Advertising | Answer 3 Question 1 | Vehicles | 150000 | Less Accumulated Depreciation of Vehicles | | Answer 4 Question 1 Buildings | 750000 | Accumulated Depreciation of Building | | Answer 5 Question 1 Accounts Payable | | 17500 Wages Payable | | Answer 6 Question 1 Mortgage | | Answer 7 Question 1 Capital | | 330500 Retained Earnings | | 140000 Sales | | 568000 Cost of Goods Sold | 275000 | Advertising | Answer 8 Question 1 | Electricity | 25000 | Interest Expense | 15000 | Wages | Answer 9 Question 1 | Insurance Expense | Answer 10 Question 1 | Depreciation Expense | Answer 11 Question 1 | | 1671500 | 1671500 [/table]