Refer to the data in E3–14. Prepare Toronto Mobile Pet Grooming’s income statement and statement of owner’s equity for the year ended June 30, 2023. Then prepare the balance sheet on that date.

Data from E3–14

Prepare an adjusted trial balance for Toronto Mobile Pet Grooming as at June 30, 2023. Assume that all accounts have their normal balances. List expenses in alphabetical order.

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Accounts payable..... Accumulated amortization-truck.. Amortization expense-truck...... Cash........... Truck..... Insurance expense. Les Birman, capital......... Les Birman, withdrawals............ Prepaid insurance Salaries expense... Salaries payable. Service revenue..... Grooming supplies... Supplies expense..... Unearned service revenue $ 4,000 7,000 1,000 2,400 40,000 200 17,000 8,000 1,800 16,000 2,000 44,000 4,000 2,000 1,400