The adjusted trial balance of Brompton Bowling Alley at 30 June 2017, the end of the entity’s accounting year, follows:

	BROMPTON BOWLING ALLEY Adjusted Trial Balance as at 30 June 2017
	Account	Debit	Credit
	Cash at bank Accounts receivable Supplies Prepaid insurance GST receivable Bowling equipment Accumulated depreciation – bowling equipment Building Accumulated depreciation – building Accounts payable Interest payable Wages and salaries payable Unearned fees revenue GST payable Loan from XYZ Bank Ltd (non-current) B. Awls, Capital B. Awls, Drawings Fees revenue Depreciation expense – bowling equipment Depreciation expense – building Wage and salaries expense Insurance expense Interest expense Electricity expense Council rates expense Supplies expense	$   8 660 27 220 11 070 6 870 6 470 230 790 400 990 90 000 20 100 9 630 89 400 17 040 14 510 17 010 8 830   21 300	$  85 290 54 780 58 650 7 100 3 620 10 980 15 020 233 700 262 430 248 320
		$979 890	$979 890

Additional data taken into account in the preparation of the above adjusted trial balance at 30 June 2017:

1. Unearned fees revenue earned during the year, $5540. 

2. Prepaid insurance expired during the year, $17 040.

3. Accrued interest expense, $7100.

4. Supplies used during the year, $21 300. 

5. Fees revenue earned but not received, $7860.

6. Depreciation for the year: bowling equipment, $20 100; building, $9630.

7. Accrued wages and salaries expense, $3620.

Required

A. Prepare the income statement and statement of changes in equity for the year ended 30 June 2017 and a classified balance sheet as at 30 June 2017.

B. Record adjusting and closing entries in the general journal.

C. Prepare any suitable reversing entries on 1 July 2017.