Financial data for Safety Hire as of 30 June 2019 are: accounts receivables $ 63000 wages expenses $ 75000 equipment hire income 170000 advertising expenses 30000 accounts payable 40000 land 75000...

Financial data for Safety Hire as of 30 June 2019 are:

accounts receivables      $ 63000           wages expenses   $ 75000

equipment hire income   170000          advertising expenses      30000

accounts payable          40000              land                               75000

michael donato, capital       ?             hire equipment             180000

cash at bank           45000               loan payable                    50000

mortage payable    130000           electricity  expenses            18000

building                  85000           telephone   expenses             7500

Required:
Prepare an income statement for the month of June and a balance sheet in account format for Safety
Hire as at 30 June 2019.