Balance Sheet A partial work sheet and statement of owner's equity for Adams Shoe Shine for the month ended June 30, 20-- are shown, prepare a balance sheet for Adams Shoe Shine. Adams Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20-- 1 INCOME STATEMENT INCOME STATEMENT BALANCE SHEET BALANCE SHEET 2 ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 3 Cash 2,959.00 4 Accounts Receivable 1,243.00 5 Supplies 700.00 6 Prepaid Insurance 650.00 7 Office Equipment 2,200.00 8 Accumulated Depreciation-Office Equipment 120.00 9 Accounts Payable 1,850.00 10 Wages Payable 250.00 11 Mary Adams, Capital 6,000.00 12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,814.00 14 Wages Expense 1,070.00 15 Advertising Expense 36.00 16 Rent Expense 1,000.00 17 Supplies Expense 322.00 18 Phone Expense 133.00 19 Utilities Expense 103.00 20 Insurance Expense 110.00 21 Gas and Oil Expense 89.00 22 Depreciation ExpenseOffice Equipment 120.00 23 Miscellaneous Expense 99.00 24 3,082.00 4,814.00 9,952.00 8,220.00 25 Net Income 1,732.00 1,732.00 26 $4,814.00 $4,814.00 $9,952.00 $9,952.00 Adams Shoe Shine Statement of Owners Equity For Month Ended June 30, 20-- 1 Mary Adams, Capital, June 1, 20-- $6,000.00 2 Net Income for June $1,732.00 3 Less withdrawals for June (2,200.00) 4 Decrease in Capital (468.00) 5 Mary Adams, Capital, June 30, 20-- $5,532.00 Required: Prepare a balance sheet for Adams Shoe Shine