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2 of 2 < > View Policies =/2 : Current Attempt in Progress On June 1, 2025, Oriole Service Co. was started with an initial
2 of 2 < > View Policies =/2 : Current Attempt in Progress On June 1, 2025, Oriole Service Co. was started with an initial investment in the company of $23,100 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2025, and the revenues and expenses for the month of June, its first month of operations: Cash $5,510 Notes payable $13,820. Accounts receivable. 4,300 Accounts payable 800 Service revenue 8,400 Supplies expense 1,080 Supplies 2.413 Maintenance and repairs expense 610 Advertising expense 400 Utilities expense 290 Equipment 28,500 Salaries and wages expense 1,400 Common stock 23,100 During June, the company issued no additional stock but paid dividends of $1,617. (a1) Prepare an income statement for the month of June. ORIOLE SERVICE CO. Income Statement Question 2 of 2 -12 E Total Expenses Net Income/(Loss)
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