Prepare the financial statement for the month ended june

Reference no: EM13838962

The accounts of Custom Pool Service, Inc., follow with their normal balances at June 30, 20X6. The accounts are listed in no particular order.

Account	Balance	Account	Balance
Dividends	$ 6,000	Common stock	$ 8,500
Utilities expense	1,400	Accounts payable	4,300
Accounts receivable	15,500	Service revenue	22,000
Delivery expense	300	Land	29,000
Retained earnings	21,400	Note payable	13,000
Salary expense	8,000	Cash	9,000

Prepare the financial statement for the month ended June 30, 20X6, that will tell the company the results of operations for the month.

Reference no: EM13838962

Questions Cloud

Research paper - cognitive modeling and human interaction : The paper can be a review that covers current solutions on Cognitive modeling and human interaction, or a research paper that proposes your own opinions/solutions.

Prepare a partial income statement under each method : Prepare a partial income statement under each method of inventory: (a) average cost, (b) FIFO, (c) LIFO, and (d) specific identification. For specific identification, assume that the first sale was selected from the beginning inventory and the second..

Sailboards management believes-price elasticity of demand : Sailright Inc. manufactures and sells sailboards Management believes that the price elasticity of demand is -3.0. Currently, boards are priced at $500 and the quantity demanded is 10,000 per year. If the Price is increased to $600, how many sailboard..

Simple school data : Complete this assignment by creating entity-relationship diagrams (ERD) to store data corresponding to each of the following scenarios. Scenario 1: Simple School Data

Prepare the financial statement for the month ended june : The accounts of Custom Pool Service, Inc., follow with their normal balances at June 30, 20X6. The accounts are listed in no particular order. Prepare the financial statement for the month ended June 30, 20X6, that will tell the company the results o..

In the short-run-firm can experience increasing : In the short-run, a firm can experience increasing, decreasing, or constant returns to scale. Decreasing returns to scale are often due to coordination and communication problems that create operating inefficiencies.

Electronic health record : The student will write an Individual essay paper on EHRs: include history, implementation challenges and benefits. (3-4 pages double spaced due at the beginning of session 8).EHR: Electronic Health Record

What is monthly interest rate that establishes equivalence : An outright purchase of $20,000 now (a lump sum payment) can be traded for 24 equal payments of $941.47 per month, starting one month from now. What is the monthly interest rate that establishes equivalence between these two payment plans?

Implement a process to monitor expenditure and income : The Managing Director, Tom Copeland has asked you to implement a process to monitor expenditure and income. He has asked you to prepare a spreadsheet to capture and compare actual income and expenditure to budgeted figures.

User Account

All Pages