[raymond5496]

With the info provided please provide an income statement, a retained earnings statement for the mont of June and a balance sheet at June 30, 2012
On June 1, beardsley service co was started with an initial investment of $22,100 here are the assets and liabilities of the co. at June 30, and the revenues and expenses for the month of June, the first month of operation.

Cash $4,600
Acct recievble 4,000
Service revenue 7,500
Supplies 2,400
Advertising expense 400
Equipment 26,000
Notes payable $12,000
Accts payable 500
Supplies expense 1,000
Maintenance and repairs expense 600
Utilites expense 300
Salaries and wages expense 1,400

[pready]

Your income statement will only contain your revenues and expenses.

Your retained earnings statement will only contain your capital investments, net income, and dividends.

Your balance sheet will contain assets, liabilities and owners equity.

[paraclete]

Looks fairly simple what is your answer?