Gemma Jones owns Australia Works, which provides employment placement services. The unadjusted trial balance on 30 June 2019 below was prepared by her accountant.

The following additional information is available at 30 June.

1. Unused supplies on hand on 30 June totalled $180.

2. The Unearned Fees account includes $825 received for fees earned during June.

3. Estimated depreciation on the office equipment is $3500.

4. Advertising costing $1350 was consumed during the year.

Required

(a) Prepare a 10‐column worksheet for the year ended 30 June 2019.

(b) Prepare an income statement, a statement of changes in equity and a balance sheet.

(c) Journalise the closing entries.

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Account Cash at bank Accounts receivable Prepaid advertising Office supplies Office equipment AUSTRALIA WORKS Unadjusted Trial Balance as at 30 June 2019 Accumulated depreciation office equipment Accounts payable Unearned fees G. Jones, Capital G. Jones, Drawings Placement fees revenue Rent expense Salaries expense Telephone expense $ Debit 4560 14230 2120 750 18620 16000 12240 62 500 2120 $133140 Credit $ 2280 11670 2580 15990 100 620 $ 133 140