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tements (25 Marks-30 Minutes) following are the adjusted account ballances of Sally's Salon and Spa as at June 30, 2019, the business year end. The
tements (25 Marks-30 Minutes) following are the adjusted account ballances of Sally's Salon and Spa as at June 30, 2019, the business year end. The accounts are listed in alphabeticall order, and all are in their normal balance Accounts payable Note receivable $2,340 $5,000 Accounts receivable Prepaid insurance. 500 620 Accumulated depreciation- computers. Rent expense 2,000 24,000 Accumulated depreciation- shop equipment S. Jun, capital 6,320 11,760 Cash. 3,250 S. Jun, drawings 12,000 Computers. 6,000 Service revenue 125,600 Depreciation expense. 4,160 Shop equipment 15.800 Insurance expense.... 1,190 2,000 Supplies. Interest expense.. 4,560 Supplies expense 100 82,840 Note payable Wages expense. 14,000 Additional information: The note payable is due January 31, 2020. During the year, Sally Jun invested $10,000 capital Prepare the income statement, statement of owner equity, and classified balance sheet for Sally's June 30, 2019 year end in good format. Instructions
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