A friend who owns a small entity trading as Jobs Galore knows that you are studying accounting, and has asked if you would prepare the entitys classified balance sheet as at 30 June. The friend has provided you with the following list of assets and liabilities (the equity figure has not been provided) to perform this task:

Accounts	Amounts $
Accounts Payable	6 000
Accounts Receivable	3 500
Accrued Wages	1 200
Cash	4 000
Capital	?
Equipment	16 000
Loan	18 000
Motor Vehicles	24 000
Prepaid Rent	700