Prepare the Income Statement.

Here are the financial statements prepared from the provided trial balance for the year ending June 30, 2009.

Note: The provided trial balance does not balance. The total debits are Rs. 133,900 and total credits are Rs. 138,000, resulting in a difference of Rs. 4,100. This discrepancy will carry forward to the balance sheet.

Step 1: Prepare the Income Statement.
The Income Statement reports the revenues earned and expenses incurred during the period to determine net income.

$$\begin{array}{l r} \textbf{Income Statement} & \textbf{Rs.} \\ \text{For the Year Ended June 30, 2009} & \\ \text{Revenue from fees} & 42,500 \\ \text{Less: Expenses} & \\ \quad \text{Advertising expenses} & 5,500 \\ \quad \text{Salaries expenses} & 10,300 \\ \quad \text{Electric and water expenses} & 6,400 \\ \quad \text{Total Expenses} & (22,200) \\ \textbf{Net Income} & \boxed{\textbf{20,300}} \\ \end{array}$$

Step 2: Prepare the Statement of Owner's Equity.
The Statement of Owner's Equity shows the changes in the owner's capital during the period.

$$\begin{array}{l r} \textbf{Statement of Owner's Equity} & \textbf{Rs.} \\ \text{For the Year Ended June 30, 2009} & \\ \text{Capital, July 1, 2008} & 80,000 \\ \text{Add: Net Income} & 20,300 \\ \text{Less: Drawings} & (5,000) \\ \textbf{Capital, June 30, 2009} & \boxed{\textbf{95,300}} \\ \end{array}$$

Step 3: Prepare the Balance Sheet.
The Balance Sheet presents the assets, liabilities, and owner's equity at a specific point in time.

\begin{array}{l r} Balance Sheet & Rs. \\ As of June 30, 2009 & \\ Assets & \\ Cash & 4,500 \\ Unexpired insurance & 2,200 \\