Question: can you please help me solving this problem? Lydia Cravette operates a florist shop called Scents Unlimited Ltd. During the month of May, the following
Lydia Cravette operates a florist shop called Scents Unlimited Ltd. During the month of May, the following things occurred: 1. She spent $200 on the telephone system, $450 on utilities, and $1.900 on rent. 2. She took in $29,000 from selling flowers and plants. All of the shop's sales were cash sales. 3. She spent $10,200 for the cost of the flowers sold, she paid \$270 for gas and repairs to the delivery vehicle (use Operating Expenses account), and the paid her employees $7,300 for wages earned during the month. (a) Prepare astatement of income to determine how much Scents Unlimited Ltd, earned in May. Scents Unilmited Ltd. Statement of Income For the month of May, 200x
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