Jack Thomas owns a men’s hairdressing salon which conducts business in a large shopping complex in Melbourne. Presented below are selected (incomplete) data from the three trial balances at the end of the current year, 30 June 2017. Accounts are arranged alphabetically.

Account	Unadjusted				Adjusted		Post-closing
Accounts payable Accumulated depreciation Advertising expense Cash at bank Depreciation expense Electricity expense Equipment J. Thomas, Capital J. Thomas, Drawings Hair care supplies Prepaid advertising Prepaid rent Rent expense Hair care supplies expense Haircut revenue Haircut revenue receivable Wages expense Wages payable		$10 230 13 360 15 960 53 460 15 200 24 800 2 430 56 480		$   10 230 8 640 5 630 19 000 16 360 20 400 32 560 180 540			$10 230 53 460 17 350 1 620 4 680 2 010

During the period, adjustments were made to record haircut revenue receivable, hair care supplies expense, rent expense, advertising expense, depreciation expense and wages accrued.

Required

A. Prepare a worksheet in correct financial statement order, filling in the blank spaces where necessary. Note that the column totals for the trial balances are:

unadjusted                                                                                        $244 260

adjusted                                                                                            $254 150

post-closing                                                                                      $112 670

No additional accounts are required.

B. Prepare the income statement and balance sheet as at the date of the worksheet.