Question: Problem A Below are selected accounts that Nasaktan Repairs reported in its June 30, 2022 financial statements: N. Saktan, Capital, Jun 1 P102,600 Interest expense

 Problem A Below are selected accounts that Nasaktan Repairs reported in

Problem A Below are selected accounts that Nasaktan Repairs reported in its June 30, 2022 financial statements: N. Saktan, Capital, Jun 1 P102,600 Interest expense P 4,950 Service Revenue 203,625 Accounts receivable 58,500 Unearned revenue 3,038 Salaries payable 1,912 Salaries expense 34,875 Depreciation expense 22,950 Accumulated depreciation 98,750 Rent expense 13,275 Supplies expense 3,150 N. Saktan, drawing 90,000 Interest revenue 1,575 Supplies 2,475 1. What is the net income for June 30, 2022? 2. How much is the N. Saktan, Capital on June 30, 2022

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