The account balances and income statement of Wyant Towing Service at June 30, 2018, follow: (Click the icon to view the account balances.) (Click the icon to view the June income statement.) Read the requirements Requirement 1. Prepare the statement of owner's equity for Wyant Towing Service for the month ending June 30, 2018. Assume Wyant contributed
The account balances and income statement of Wyant Towing Service at June 30, 2018, follow: (Click the icon to view the account balances.) (Click the icon to view the June income statement.) Read the requirements Requirement 1. Prepare the statement of owner's equity for Wyant Towing Service for the month ending June 30, 2018. Assume Wyant contributed $12,000 during June. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. Wyant, Capital, June 1, 2018 Wyant, Capital, June 30, 2018 Requirement 2. What does the statement of owner's equity report? The statement of owner's equity reports
uirements. 1. Prepare reases in ca l, June 1, 2 Data table Equipment Office Supplies Notes Payable Rent Expense Cash Wyant, Withdrawals 1, June 30, 2. What does the statement of owner's equity report? $ 28,600 600 7,000 800 2,500 1,000 Print Service Revenue Accounts Receivable Accounts Payable Wyant, Capital, June 1, 2018 Salaries Expense Done $ 11,700 8,200 9,000 3,900 1,900 X buted $12,000 during 12 00 00
nt 1. Prepare creases in ca tal, June 1, 2 tal, June 30, at 2. What does the st nt of owner's equity reports Revenues: Service Revenue Expenses: Wyant Towing Service Income Statement Month Ended June 30, 2018 Salaries Expense Rent Expense Net Income Total Expenses Print $ Done 1,900 800 $ $ 11,700 2,700 9,000 X buted $12,000 during 12 of 15 0 of 18 0 of 8