a. Prepare an income statement and a retained earnings statement for the month ended June, 2020

b. Prepare the closing entries on June 30, 2020.
 

The adjusted trial balance of CUONO Company shows the following balances. CUONO COMPANY SpA Adjusted Trial Balance June 30, 2020 Debit Credit Cash.... Accounts Receivable. 6,200 8,400 340 Supplies... Prepaid Insurance Equipment. Accumulated Depreciation- Equipment.. Accounts Payable.... Unearned Service Revenue Salaries and Wages Payable. Share Capital-Ordinary. Service Revenue 2,750 14,400 300 4,885 1,500 1,600 20,000 12,800 Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense. Rent Expense...... Utilities Expense. 1,260 300 250 6,000 1,000 185 41.085 41.085