https://learn 1. Prepare an Income Statement, Owner's Equity Statement and Balance Sheet for the month ended June 30, 2021 for Rainbow Marketing. The business was started on June 1, 2021. Advertising Expense Accounts Payable Accounts Receivable Accumulated Depreciation: Equipment Cash Depreciation Expense Equipment Insurance Expense Interest Expense $ 12,000 9,000 15,400 8,000 11,600 8,000 34,000 5,000 800 14,000 2,800 3,000 41,000 Salaries Payable 3,500 Service Revenue Owners Capital Owners Drawings Supplies Supplies Expense 85,000 25,000 10,000 1,200 5,700 Unearned Revenue 6,000 Notes Payable Prepaid Insurance Rent Expense Salaries Expense