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(Click the icon to view the June income statement.) The account balances and income statement of Wilson Towing Service at June 30, 2018, follow: (Click
(Click the icon to view the June income statement.) The account balances and income statement of Wilson Towing Service at June 30, 2018, follow: (Click the icon to view the account balances.), Read the requirements. Requirement 1. Prepare the statement of owner's equity for Wilson Towing Service for the month ending June 30, 2018. Assume Wilson contributed $11,000 during June. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. Wilson, Capital, June 1, 2018 Wilson, Capital, June 30, 2018 nt balances and income statement of Wilson Towing Service at June 30, 2018, follow: the icon to view the account balances.) ata table (Click the icon to view the June income statement. Reference Wilson Towing Service Income Statement Equipment Office Supplies $ 25,850 Service Revenue $ 15,000 Month Ended June 30, 2018 1,000 Accounts Receivable 9,000 Revenues: Notes Payable 6,800 Accounts Payable 8,000 Service Revenue $ 15.000 Rent Expense 900 Wilson, Capital, June 1, 2018 3,250 Expenses: Cash 1,400 Salaries Expense 2,400 Salaries Expense $ 2,400 Wison, Withdrawals 3,500 900 Rent Expense 3,300 Total Expenses $ 11,700 Net Income Print Done Print Done
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