Time: 15 Minutes Instructions: Prepare an Income statement, an owner's equity statement, and a balance sheet for the legal practices of Mandy Company, from the iteras leted below for the month of June 2018. The financial statements shou be prepared in good form. Only include dollar signs on numbers when needed. Organize the expenses in alphabetical order Organize the balance sheet in order of liquidity Owner's Drawings Owner's Capital June 1 Canh Accounts Payable Supplie $40,000 212.500 45,000 20,000 28.000 Advertising Experse 4,500 Accounts Receivable 85,000 Bent Expense 30,000 Salaries and Weges Expense 35.000 Equipment 140,000 Service Rev 175,000 SC Income Statement Ft %0 GOD FA #3 @2 A 4 Q W E R A S D 85 66 & go 7 T Y U F G H -11 8* J 169 K 10 F10 B O P + Owner's Drawings $40,000 Owner's Capital. June 1 212,500 Cash 45,000 Accounts Payable 20,000 Supplies 28,000 Advertising Expense 4,500 Accounts Receivable 85,000 Rent Expense 30,000 Salaries and Wages Expense 35,000 Equipment 140,000 Service Revenue 175,000 Revenue Expenses Income Statement Revenue Expenses Income Statement Owner's Equity Statement Owner's Capital, June 1 Add: Less: Owner's Capital June 30 Ma Owner's Equity Statement Owner's Capital, June 1 Add: Less: Owner's Capital, June 30 Assets Total Assets Liabilities Balance Sheet Total Liabilities and Owner's Capital Movion to soother duestion will save this resconse