3 an advance fee payment of 600 for minor surgery to

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3. An advance fee payment of $600 for minor surgery to be performed in July 2019 was credited to Fees Earned. 4. The mortgage contract provides for a monthly payment of $1000 plus accrued interest. The June payment was not made. Interest of $260 is accrued on the mortgage. 5. Prepaid insurance of $1340 has expired. 6. Salaries earned but not paid amount to $2360. 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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(a) Worksheet: for the year ended 30 June 2019 Unadjusted trial balance Adjustments Adjusted Trial balance ncome Statement Balance sheet Account title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash at Bank 12 600 12 600 12 600 Accounts Receivable 11 800 11 800 11 800 Prepaid Insurance 1 800 (5) 1 340 460 460 Land 180 200 180 200 180 200 Building 196 000 196 000 196 000 Acc. Depn Building 86 900 (2) 9 600 96 500 96 500 Equipment 32 300 32 300 32 300 Acc. Depr. Equipment 8 800 (2) 3 680 12 480 12 480 Accounts Payable 16 400 16 400 16 400 Mortgage Payable 64 000 64 000 64 000 P. Oodle, Capital 236 950 236 950 236 950 P. Oodle, Drawings 86 500 86 500 86 500 Fees Earned 262 430 (3) 600 261 830 261 830
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