The following are the adjusted account balances of Sally's Salon and Spa as at June 30, 2014, the business year end. The accounts are listed in alphabetical order, and all are in their normal balance. 
Additional information:
The note payable is due January 31, 2015.
During the year, Sally Juul-Hansen invested $10,000.
Instructions
Prepare the income statement, statement of owner equity, and classified balance sheet for Sally's June 30, 2014 year end in good format.
Definitions:
Project Blowed
A long-running open-mic workshop known for its significant influence on the Los Angeles underground hip hop scene.
Hip Hop
A cultural movement that originated in the 1970s, characterized by four key elements: rapping, DJing, graffiti, and breakdancing.
Political Engagement
Involvement in political activities to influence government policy or representation.
Tassou Performances
A form of traditional African oral performance that combines speaking, singing, and rhythm, often in a ceremonial or storytelling context.
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