Using the information shown in exercise 3.29, produce an income statement for the period ended 30 June

Question:

Using the information shown in exercise 3.29, produce an income statement for the period ended 30 June 2013.
In exercise 3.29
Presented below are financial statement items for Contanzos City (a sole trader) for the period ended 30 June 2013.
a. Cash.................................................. $90 000
b. ............................... 10 000
c. Service revenue .................................... 24 000
d. Advertising expense ...............................8 000
e. ...................................6 000
f. Expenses owing .....................................3 600
g. Rent expense ........................................2 200
h. Internet expense ..................................... 600
i. Petrol expense ........................................5 600
j. Insurance expense ................................. 800
k. Equipment........................................... 120 000 Accounts Payable
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