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 |
Account payble |
4,300 |
|
Account receivable |
15,500 |
Service revenue |
22,000 |
|
Delivery expense |
300 |
Land |
29,000 |
|
Retained earning |
21,400 |
note payble |
13,000 |
|
Salary expense |
8,000 |
Cash |
9,000 |
Instructions:
1.Prepare the company’s trial balance as at June 30, 20X6.
2. Prepare the Income Statement for the month ended June 30, 20X6.