As stated, The question requires the

1) worksheet,

2)income statement, Statement of Changes in Equity, and balance sheet

3) Closing journal entries

as they are all parts of the same question

They are required in the form of a copy-able, formatted table (as a pasted table and Not a screenshot). Thank you.

P4-2 Preparing a worksheet, financial statements and closing entries (50-60 min] The trial balance of Fugazy Investment Advisers as at 30 June 2016 follows: FUGAZY INVESTMENT ADVISERS Trial balance as at 30 June 2016 Balance Account Debit Credit Cash $ 32000 Accounts receivable 46000 Supplies 3000 Equipment 25000 Accumulated depreciation $ 11000 Accounts payable 15000 Salary payable Unearned service revenue 2000 Loan payable, non-current 39000 Fugazy, capital, 1 July 2015 38000 Fugazy, drawings 50 000 Service revenue 97000 32 000 Salary expense Supplies expense Depreciation expense Interest expense Rent expense Insurance expense Total 3000 9000 2000 $202000 $202 000 Adjustment data at 30 June 2016: a Unearned service revenue earned during the year, $500. b Supplies on hand, $1000. C Depreciation for the year, $6000. d Accrued salary expense, $1000. e Accrued service revenue, $4000. Requirements 1 Enter the account data in the trial balance columns of a worksheet and complete the worksheet through the adjusted trial balance. Key each adjusting entry by the letter corresponding to the data given. Leave a blank line under Service revenue. 2 Prepare the income statement, the statement of changes in equity and the classified balance sheet in account format. 3. Prepare closing journal entries from the worksheet. 4 Did the firm have a good or a bad year during its financial year ending in 2016? Give the reason for your