Question: Zeta Enterprises has provided you with the following transactions for the month of June. Prepare the General Ledger accounts, Trial Balance, and Income Statement for

Zeta Enterprises has provided you with the following transactions for the month of June. Prepare the General Ledger accounts, Trial Balance, and Income Statement for the month. Assume all transactions are exclusive of taxes. Use the following table format:

Date

Account Title

Debit ($)

Credit ($)

Jun 1

Cash


80,000

Jun 5

Sales Revenue


90,000

Jun 10

Rent Expense

10,000


Jun 15

Accounts Payable

20,000


Jun 20

Utilities Expense

4,000


Jun 25

Salary Expense

15,000


Jun 30

Depreciation Expense

2,500


Calculate the Trial Balance, Income Statement, and Taxes assuming a tax rate of 18%.

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