Question: 2. Using the transaction analysis final balances at the end of the month (balances in orange font), prepare the following financial statements: a. an

2. Using the transaction analysis final balances at the end of the

2. Using the transaction analysis final balances at the end of the month (balances in orange font), prepare the following financial statements: a. an income statement. (7 pts) Rosita Pop Income Statement For the Month Ended June 30, 2021 Service Revenue. Expenses: Rent expense.. Salaries expense. Supplies expense. Repairs expense Total expenses.. Net Income... b. a statement of owner's equity (5 pts) $8,500 $1,300 1,200 1,400 700 4,600 3,900 Rosita Pop Statement of Owner's Equity For the Month Ended June 30, 2021 Rosita Pop, capital, June 1,2018.. Net Income for June... c. a balance sheet (7 pts) $8,000 3,900 Rosita Pop Balance Sheet June 30, 2021 Assets Liabilities Cash.. $10,375 Accounts payable........ $2,100 Accounts receivables... 1,800 Owner's Equity Supplies....... 1,600 Rosita Pop, capital...... 8,000 Total assets.... $13,775 Total Liabilities and owner's equity $10.100 d. a statement of cash flows (10 pts) (focus on the cash column of the transaction analysis) Rosita Pop Statement of Cash Flows For the Month ended June 30, 2021 ASSETS Accounts LIABILITIES + OWNER'S EQUITY Accounts Rosita Pop, Cash Receivable supplies payable Rosita Pop, capital drawings Service revenue Rent Salaries Supplies Repairs expense Expense Expense expense a. +8,000 +8,000 bal 8,000 8,000 b. +3,000 +3,000 bal 8,000 3,000 3,000 8,000 C. +2,500 2,500 Bal 8,000 2,500 3,000 3,000 8,000 2,500 d. -1300 -1300 bal 6,700 2,500 3,000 3,000 8,000 2,500 1300 e. +500 +500 Bal 7,200 2,500 3,000 3,000 8,500 2,500 1300 f. +700 -700 Bal 7,900 1,800 3,000 3,000 8,500 2,500 1300 & +6,000 +6,000 Bal 13,900 1,800 3,000 3,000 8,500 8,500 1300 h. -1,200 -1,200 Bal 12,700 1,800 3,000 3,000 8,500 8,500 1300 1,200 1. -900 -900 Bal 11,800 1,800 3,000 2,100 8,500 8,500 1300 1,200 j. -725 -725 Bal 11,075 1,800 3,000 2,100 8,500 725 8,500 1300 1,200 k. -700 -700 Bal 10,375 1,800 3,000 2,100 8,500 725 8,500 1,300 1,200 700 I. -1400 -1400 Bal. 10,375 1,800 1,600 2,100 8,500 725 8,500 1,300 1,200 1,400 700

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