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The trial balance for ABC Agency shows the following balances for selected accounts on June 30 ABC COMPANY Trial Balance June 30, 2019 DEBIT CREDIT

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The trial balance for ABC Agency shows the following balances for selected accounts on June 30 ABC COMPANY Trial Balance June 30, 2019 DEBIT CREDIT CASH 7,150 ACCOUNTS RECEIVABLE 6,000 SUPPLIES 2,000 EQUIPMENT 15,000 ACCOUNTS PAYABLE 4,500 UNEARNED SERVICE REVENUE/PREPID 4,000 INCOME OWNER'S CAPITAL 21,750 SERVICE REVENUE 7.900 SALARIES AND WAGES EXPENSE 4,000 RENT EXPENSE 1,000 INSURANCE EXP. 3,000 TOTAL 38,150 38,150 Other data: 1. Rent Exp. That is related to the current month is 750. 2. A utility bill for 150 has not been recorded and will not be paid until next month 3. The insurance policy: 3000 is for 3 months 4. 2,800 SR of uneared service revenue/ Prepaid revenue is recognized for services performed during the month 5. Salaries of 1,900 are accrued at June 30. 6. The equipment has a 5-year life with no salvage value. It is being depreciated at 3000 per year 7. Invoices representing 1,200 of services performed during the month have not been recorded prior of June 30. Instructions: Prepare the following: 1. Income statement (statement of profit and loss) 2. Balance sheet (statement of financial position) 3. Equity statement

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