Question: a3: prepare a balance sheet at June 3rd, 2022. (list assets in order of liquidity.) Current Attempt in Progress business. Following are the assets and





Current Attempt in Progress business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June: Nancy made no additional investment in June but withdrew $1,100 in cash for personal use during the month. (a1) Prepare an income statement for the month of June. BLOSSOMDESIGNS CO. Income Statement $ $ Prepare an owner's equity statement for the month of June. (List items that increase owner's equity first)) Balance Sheet Assets $ Liabilities and Owner's Equity $ Prepare an income statement for June assuming the following data are not included above: (1) $950 of services were performed and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid. Prepare an owner's equity statement for June assuming the following data are not included above: (1) $950 of services were performed and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid. (List items that increase owner's equity first.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
