Part B: Financial Statements The accounts of Ashton Appliances Company are listed along with their adjusted balances before cdosing for the month ended June 30, 2019. Prepaid Expenses 16,700 Accounts payable 2,400 33,600 Inventory Note payable, longterm Accounts receivable 39.000 37,700 Accumulated depreciation 46,000 54.100 Salary payable Taylor, Capital, June 1 2,700 20.000 Supplies Expense Ulities Expense Taylor, Drawing 2,500 8.000 Cash 7,500 170.000 Sales revense Cost of poods sold 350,000 135,200 Rent Expense Equipment 38,000 60.000 Supplies Salaries Expense 6,000 1,200 Notes payable, short-term Unearned sales revenue 13.000 Requirements: 1. Prepare a multi-step income statement 2. Prepared the statement of owner's equity 3. Prepared a classified balance sheet Ashton Appliances Company Income Statement For the month ended June 30, 2019 Sofs

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