Lita Litigiosus has provided you with the following list of account balances as at 30 June 2022 (figure 11.35) and balance day adjustments. You have been requested to prepare an 8-column worksheet, an income statement and a balance sheet for the year ended 30 June 2022.

Balance day adjustments for 30 June 2022 are listed below.

a Depreciation expense on chambers is $43 800.

b Depreciation expense on office equipment was $10 700.

c Unpaid salaries amount to $6200.

d Interest on the long-term loan (mortgage) for June has not been paid. It is $1100.

e The telephone account for June of $1150 has been received but not yet paid.

f A client paid fees of $1200 on 26 June for work to be performed in August 2022. It was recorded as legal fees revenue.

g The premium of $5000 for a one-year insurance policy was purchased and paid for on 1 April.

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Account Balances of Lita Litigiosus as at 30 June 2022 Cash at Bank Accounts Receivable Control GST Receivable Land Chambers Accumulated Depreciation - Chambers Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Control GST Payable Loan (Mortgage] Payable Capital Drawings Legal Fees Revenue Insurance Expense Salaries Expense Electricity Interest Expense Telephone Expense 30 000 46 300 5 700 128 000 730 000 219 000 67 500 32 100 45 800 7 800 443 000 210 350 263 900 784 300 8 300 439 700 3 800 10 450 8 700