Relevant information: 1. Adjusting Items: Date Description 31/8/21 The motor vehicle is depreciated using the straight line method. It has a useful life of 10 years and a zero residual value. The business has 7 sales staff. Each sales staff member's GROSS wage is $2100 per fortnight [PAYG withheld of $378]. At the end of the month, the business owed its sales staff 1 week worth of wages and that is yet to be recorded. 31/8/21 Received $28380 (including GST) from a customer at the start of August 2021 for provision of some advanced cleaning services. At the time, the amount was recorded as unearned revenue and GST collected. The business managed to deliver these services by the end of August 2021. 31/8/21 On August 1, 2021 the business deposited $19200 into a fixed deposit at ABC Bank. The interest offered was at 8% per annum and paid quarterly. The interest on the $19200 fixed deposit acrrued by the end of the month is yet to be recorded. 31/8/21 On August 1, 2021 the business paid $18018 (including GST) for 9 months of office rent. This was recorded at the time as Prepaid Rent and GST Paid. 31/8/21 On August 11, 2021 the business purchased 15 packs of markers worth $660 (including GST) which were recorded as Office Supplies and GST Paid. Heracles counted the markers at the end of August 2021 and found that 1 packs of these markers have been consumed but their consumption has not been recorded. 31/8/21 The office furniture is depreciated using the straight line method. It depreciates at 25% per annum and is assumed to have 31/8/21 la zero residual value. The business hires 5 general office assistants. Each assistant is paid a NET wages of $748 per week [PAYG withheld of $120]. At the end of the month, the business owed its office assistants 2 weeks of wages and that is yet to be recorded. 31/8/21 On August 1, 2021 the business paid $9801 (including GST) for 9 months of business insurance. This was recorded at the time as Prepaid Insurance and GST Paid. 31/8/21 Unadjusted Trial Balance "For the Month Ending 31/8/2021" Acc. No. Account Dr Cr 101 Cash 176,234 102 Accounts receivable 27,218 103 Inventory Office Supplies 42,198 104 16,832 111 GST Paid 9,281 Prepaid Insurance Prepaid Rent 141 8,910 142 16,380 143 Interest Receivable 5,234 155 Office Furniture 23,040 156 Accum. Depreciation - Office Furniture 5,760 158 Motor Vehicle 84,000 159 Accum. Depreciation - Motor Vehicle 16,800 201 Accounts Payable 6,330 222 GST Collected 18,378 240 Interest Due 2,806 241 Unearned Revenue 36,120 Wages Payable Utilities Payable Consulting Fees Payable 242 1,830 243 2,033 244 3,044 251 Bank Loan 33,990 261 PAYG Withheld 4,590 301 Capital 182,930 302 Drawings 4,780 401 Sales Revenue 154,782 402 Service Revenue 28,998 403 Interest Revenue 5,234 501 Cost of Good Sold 46,435 Computer Expense Office Supplies Expense 601 896 602 603 Interest Expense 2,806 604 Consulting Expense 6,088 605 Insurance Expense Rent Expense Sales Commission Expense Utilities Expense 606 607 4,643 608 6,100 Wage Expense Advertising Expense Depreciation Expense - Motor Vehicle Depreciation Expense - Office Furniture ТOTAL 609 18,300 610 4,250 651 655 503,625 503,625