The following balances from the ledger accounts of Hog and Bones Steakhouse is given to you June 30 2020

Names of accounts

$

Cash

25,000

Receivables

9,000

Prepaid rent

4,000

Land

50,000

Building

180,000

China, Glassware,Silver

15,000

Accumulated Depreciation on Building

20,000

AccumulatedDepreciationon china glassware and silver

6,000

Franchise

40,000

Accounts Payable

5,000

Unpaid Wages

2,500

Mortgage Payable

100,000

Capital

?

Withdrawals

24,000

Food Sales

80,000

Beverage Sales

60,000

Cost of Food Used(including employees and Silver meal of $2000)

30,000

Cost of beverage used

20,000

Wages

20,000

Employee Benefits

6,000

Insurance expense

3,000

Other operating expenses

7,000

Depreciation Expense on building

7,000

Depreciation expense on China, Glassware

2,000

1.Trial Balance and determine the capital account balance

2.An income statement for the year ended June 30 2020

3.A classified balance sheet as of June 30 2020