The account balances of Wayans Towing Service at June 30, 2024, follow: (Click the icon to...

  

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The account balances of Wayans Towing Service at June 30, 2024, follow: (Click the icon to view the account balances.) Requirements 1. Prepare the income statement for Wayans Towing Service for the month ending June 30, 2024. 2. What does the income statement report? Requirement 1. Prepare the income statement for Wayans Towing Service for the month ending June 30, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Net Income Requirement 2. What does the income statement report? The income statement reports Data Table Equipment Office Supplies Notes Payable Rent Expense Cash Dividends $ 12,850 1,100 4,500 500 1,700 4,000 Service Revenue Accounts Receivable Accounts Payable Retained Earnings, June 1, 2024 Salaries Expense Common Stock $ 10,500 8,200 3,000 2,950 1,600 9,000 The account balances of Wayans Towing Service at June 30, 2024, follow: (Click the icon to view the account balances.) Requirements 1. Prepare the income statement for Wayans Towing Service for the month ending June 30, 2024. 2. What does the income statement report? Requirement 1. Prepare the income statement for Wayans Towing Service for the month ending June 30, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Net Income Requirement 2. What does the income statement report? The income statement reports Data Table Equipment Office Supplies Notes Payable Rent Expense Cash Dividends $ 12,850 1,100 4,500 500 1,700 4,000 Service Revenue Accounts Receivable Accounts Payable Retained Earnings, June 1, 2024 Salaries Expense Common Stock $ 10,500 8,200 3,000 2,950 1,600 9,000

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