Accounting

Financial data for Safety Hire as of 30 June 2019 are: Accounts receivable S 63000 Wages expense 5 75000 Equipment hire income 170 000 Advertising expense 30000 Accounts payable 40 000 Land 75 000 Michael Donate, capital ? Hire equipment 180 000 Cash at bank 45 000 Loan payable 50000 Mortgage payable 130 000 Electricity expense 18000 Building 85000 Telephone expense 7 500 Reg ui red : Prepare an income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019. (10 marks)