Angelic Cosmetics Co., a company that provides individual skin care treatment, was started on June 1 with an investment of $25,000 cash. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June.

Stockholders made no additional investments in June. The company paid a cash dividend of $900 during the month.

Instructions
(a) Prepare an income statement and a retained earnings statement for the month of June and a balance sheet at June 30, 2014.
(b) Prepare an income statement and a retained earnings statement for June assuming the following data are not included above: (1) $800 of revenue was earned and billed but not collected at June 30, and (2) $100 of gasoline expense was incurred but notpaid.

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Cash Accounts Receivable 4,000 Accounts Payable ,400 Service Revenue Supplies Advertising Expense Equipment $10,000 Notes Payable $13,000 5,500 Rent Expense 2,000 Gasoline Expense 1,600 600 300 500 Utilities Expense 25,000