Thao company worksheet for the year ended december 31, 2017 account no. account titles dr. 101 cash 5,300 112 accounts receivable 10,800 126 supplies 1,500 130 prepaid insurance 2,000 157 equipment 27,000 158 accumulated depreciation—equipment cr. 5,600 15,000 6,100 2,400 600 13,000 61,000 103,700 adjusted trial balance 200 notes payable 201 accounts payable 212 salaries and wages payable 230 interest payable 301 owner’s capital 306 owner’s drawings 400 service revenue 610 advertising expense 631 supplies expense 711 depreciation expense 722 insurance expense 726 salaries and wages expense 905 interest expense totals instructions (a) complete the worksheet by extending the balances to the financial statement columns. (b) prepare an income statement, owner’s equity statement, and a classified balance sheet. (note: $5,000 of the notes payable become due in 2018.) d. thao did not make any additional investments in the business during the year. (c) prepare the closing entries. use j14 for the journal page. (d) post the closing entries. use the three-column form of account. income summary is no. 350. (e) prepare a post-closing trial balance.