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Pam Jones owns a business named Sunny Renovation. Below is the account information of Sunny Renovation at 30 June 2019. Cash in Bank $ 45,600
Pam Jones owns a business named Sunny Renovation. Below is the account information of Sunny Renovation at 30 June 2019.
Cash in Bank | $ 45,600 |
| Accounts receivable | $235,200 |
Supplies | 52,800 |
| Prepaid Insurance | 16,000 |
Accounts payable | 67,400 |
| Unearned revenue | 18,000 |
Service income | 372,000 |
| Salary expense | 222,000 |
Pam Jones, Capital | ? |
| Equipment | 130,000 |
Required: Using the accounting equation, prepare the balance sheet for Sunny Renovation at 30 June 2019 (please use the narrative/vertical format).
You may wish to copy the table below for use in your answer.
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