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The following are the adjusted account balances of Paradise Spa as at June 30, 2019, the business year end. The accounts are listed in alphabetical

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The following are the adjusted account balances of Paradise Spa as at June 30, 2019, the business year end. The accounts are listed in alphabetical order, and all are in their normal balance. Accounts payable $ 2,340 Accounts receivable Note receivabl Prepaid insura 500 2,000 Rent expense Accumulated depreciation - computers Accumulated depreciation - shop equipment Cash Computers 6,320 3,250 6,000 4,160 Depreciation expense Insurance expense S. Jones, capit S. Jones, drau Service reveni Shop equipme Supplies Supplies expel Wages expens 2,000 100 Interest expense Note payable 14,000 Additional information: The note receivable is due on July 11, 2019 The note payable is being repaid in two equal annual payments of $7,000 per year. . On April 3, 2019, the owner Samantha Jones invested $10,000. Required: 1. Calculate the owner S. Jones' capital amount on June 30, 2019. (4 Mark) 2. Prepare a classified balance sheet for Paradise's June 30, 2019 year end in good format. No other statement is required. (8 Marks) er, and all are in their 6 40 Note receivable $ 5,000 11 00 Prepaid insurance 620 16 200 Rent expense 24,000 21 26 320 250 ,000 4,160 2,000 11,760 12,000 125,600 31 S. Jones, capital S. Jones, drawings Service revenue Shop equipment Supplies Supplies expense Wages expense 15,800 1,190 4,560 82,840 Part 333 100 4,000 Finish a Time lei ents of $7,000 per year. 000 30, 2019. (4 Mark) 30, 2019 year end in good earch or type URL +

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