Gerrad started a law firm in Parramatta. The following additional information is available for at 30 June 2023: Account Name Adj. Trial Balance Debit Credit Cash at bank $65,000 Accounts Receivable $25,000 Office Supplies $20,000 Office equipment $130,000 Accounts Payable $3,000 Loan Payable $40,000 Gerrad, Capital $200,000 Gerrad, Drawings $20,000 Service Revenue $67,000 Wages Expense $25,000 Utilities Expense $8,000 Rent expense $17,000 Total $310,000 $310,000 Required Prepare a balance sheet for Gerrad Legal Services at 30 June 2023 Assets Gerrad Legal Services Balance Sheet As at 30 June 2023 Total assets Liabilities Total liabilities Net assets Owner's Equity Total Equity