in (0) PLAZA. On June 1, 2015, One Planet Cosmetics Corp. was formed. Its assets, liabilities, share capital, revenues, expenses. Prepare and dividends as at June 30 follow: stateme (SO4) Cash Accounts receivable Supplies Equipment Accounts payable Bank loan payable Common shares Dividends $ 6,000 4,000 1,400 32,000 2,300 14,000 25,000 1,000 Service revenue Supplies expense Interest expense Office expense Utilities expense Income tax expense Salaries expense $12,000 1,200 800 1,500 1,300 700 3,400 Instructions (a) Prepare an income statement, statement of changes in equity, and statement of financial position for the month. (b) Explain why it is necessary to prepare the financial statements in the order listed in (a)