Question: From the partial work sheet below, prepare a balance sheet for Adams' ShoeShine. Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20

From the partial work sheet below, prepare a balance sheet for Adams' ShoeShine.

Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20 -- BALANCE SHEET KIMESTATEMENT ACCOUNT TITLE DERIT REDIT DERIT REDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 | Prepaid Insurance 5 Office Equipment 6 Accum. Depr.-Office Equipment 7 Accounts Payable 8 Wages Payable 9 Mary Adams, Capital 10 Mary Adams, Drawing 32 62 00 12 4 4 00 8 00 00 6 40 00 210 0 00 4 110 00 6 18 50 00 7 260 00 8 60 00 00 9 20 0 0 00 10 48 13 00 11 Service Fees 11 12 Wages Expense 13 Advertising Expense 14 Rent Expense 15 Supplies Expense 16 Telephone Expense 17 Utilities Expense 18 Insurance Expense 19 Gas and Oil Expense 20 Depr. ExpenseOffice Equipment 21 Miscellaneous Expense 10 80 00 3 4 00 9 0 001 3 22 00 133 00 102 00 1 20 00 88 00 1 10 00 9 8 00 29 8700 18 26 00 48 13 00 12 13 14 15 16 17 18 19 20 21 48 13 00 10 0 46 00 82 20 00 22 18 2 6 00 23 10 0 4 6 00 24 22 23 Net Income 48 13 00 10 0 46 00 24

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