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QUESTION 5 (6 marks)

Brianna Bligh operates the business Blighs Dream in Geelong. The following is an extract of selected accounts from Blighs Dreams Unadjusted Trial Balance as at 31^st October 2021.

Unadjusted Trial Balance (Extract) as at 31^st October 2021

Accounts	Dr ($)	Cr ($)
Cash	32,444
GST Paid	1,780
Prepaid Marketing	3,780
Delivery Van	19,200
Accumulated Depreciation - Delivery Van		4,000
Accounts Payable		13,500
GST Collected		1,912

The balance day adjustments have NOT yet been made for the month of October 2021. Brianna is considering the following information:

1. On 1^st July 2021, Blighs Dream paid a yearly fee of $5,544 (GST inclusive) for a sign displayed on the fence at a football oval. When it was paid, the debits were posted to Prepaid Marketing account and GST Paid account.
2. Depreciation on the Delivery Van is at 25% per annum using the straight-line method.
3. Blighs Dream collected $1,474 (GST inclusive) in cash on 21^st September 2021 for services to be provided to customers in October and November 2021. When $1,474 cash was collected, the credits were posted to Unearned Revenue account and GST Collected account. By the end of October, half of the services have been completed.

Required:

Record the balance day adjustments in the General Journal provided below. (6 marks)

Narrations are not required.

General Journal

Date	Accounts	Dr ($)	Cr ($)

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