g. La suples expense, 3900. E1-5B. From the following account balances for June 2019, prepare in proper form (a) an income statement, (b) a statement of owner's equity, and (c) a balance sheet for French Realty Prep stat bala Cash Accounts Receivable Office Equipment Accounts Payable S. French, Capital, June 1, 2019 $4,650 S. French, Withdrawals 2,600 Professional Fees 8,500 Salaries Expense 4,000 Utilities Expense 9,000 Rent Expense 640 5,600 800 760 650 GROUP A PROBLEMS The ac (15 Chece Excel templates for all questions are available in My AccountingLab. Working papers for select questions are available in the print Workbook) P1-11 Mia Anabelle, who lives in Winnipeg, decided to open Mia's Nail Spa. Mia com- pleted the following transactions: A. Invested $20,000 cash from her personal bank account into the business. B. Bought equipment for cash, $4,000. C. Bought additional equipment on account, $6,000. D. Paid $1,000 cash to reduce what was owed from Transaction C. Based on the above information, record these transactions in the basic account- ing equation 1-2 Bill See is the accountant for See's Internet Service. His task is to construct a bal- ance sheet from the following information, as of September 30, 2020, in proper form. Could you help him? Total A: Preparin (10 m Check Fiy Total Asse 1-3A Building $20,000 Cash Accounts Payable 18,000 15,000 B. Sec, Capital Equipment 14,000 37,000 At the end of June, Rick Fontan of Corner Brook decided to open his own computer service, Fontan Computer Service. Analyze the following transactions he completed by recording their effects in the expanded accounting equation. a. Invested $25,000 in his computer service. b. Bought new computer equipment on account, $2,500. c. Received cash for computer services rendered, $800. d. Performed computer services on account, $2,100. e. Paid part-time secretary's salary, $275. Recording expanded (20 min Check Figure Total Assets ACCOUNTING CONCEPTS AND PRO