Your friend has asked you to produce financial statements for his business Mates Incorporated for the year 1 July 2018 to 30 June 2019. To make your job a little more difficult he has produced his adjusted trial balance in alphabetical order as he was unaware of the proper order. Complete the columns for each accounts accounting element and its position in a Trial Balance. Produce an Income Statement and Balance Sheet (either select from the Drop Down menu or enter an account or number in blank boxes. Do not include punctuation in numerical answers). Account Dr Cr Accounting Element Trial Balance Position Accounts Payable 8,000 Accounts Receivable 5,000 Cash At Bank 10,000 Insurance Expense 1,000 Office Supplies 5,000 Office Supplies Expense 2,000 Owners Capital 12,000 Prepaid Insurance 3,000 Salaries Expense 4,000 Service Revenue 10,000 30,000 Total 30,000 Mates Incorporated Income Statement Less: Net Profit / Loss Net Profit / Loss Mates Incorporated Statement of Changes in Equity Opening Owners Capital Plus: Less: Plus: Less: Mates Incorporated Balance Sheet Prepaid Insurance Total Non Current Assets