The unadjusted trial balance of Trendy Consulting Pty Ltd is as follows:

	Trendy Consulting PTY LTD Unadjusted Trial Balance as at 30 June 2020
	Account		Debit			Credit
	Cash at bank Office supplies GST Receivable Prepaid insurance Office equipment Accumulated depreciation GST Payable Bank loan payable Share capital Retained earnings Services revenue Salaries expense Advertising expense Repairs expense Sundry expense Electricity expense Motor vehicle running expenses Telephone expense Interest expense			$ 22 070 7 260 1 400 1 725 92 800 83 250 2 450 2 160 7 520 4 405 8 790 2 620 1 350			$ 27 840 2 460 50 000 10 000 12 500 135 000
				237 800			237 800

The following additional information should be taken into account:

1. Salaries accrued but unrecorded on 30 June 2020 were $2,690

2. An electricity bill has been received but not yet recorded of $990 (GST included)

3. Insurance unexpired at 30 June 2020 was $450.

4. Office equipment is to be depreciated using straight line depeciation. The useful life is 4 years and it has a residual value of $18,560.

5. Office supplies unused at 30 June amounted to $1,540

6. On 30 June, the Directors declared a Dividend to be paid to shareholders in July, 2020 totalling $5 000.

7. Interest to be accrued on the bank loan at 30 June is $210.

Required:

A. Prepare a 10-column worksheet for the year ended 30 June 2020.

B. Prepare a statement of changes in equity.

C. Journalise the closing entries.