On September 30, 2020, the ledger account balances for Khaleed Company are listed below
Service Revenues
$35,000
Sales Revenues
50,000
Salaries Expenses
8,000
Supplies Expenses
5,000
Insurance Expenses
6,500
Oil & gas expenses
4,000
Depreciation Expenses
6,000
Dividends
5,000
Retained Earnings at Sep 1st
500
Cash
$52,000
Accounts Receivable
9,000
Inventory
18,000
Supplies
4,000
Equipment
22,000
Land
53,000
Accounts Payable
39,000
Salaries payable
22,000
Owners' Equity
97,000
Required:
Prepare the following
Balance sheet statement at the end of June