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Dillon Alberto decided to start his own rent-a-car business after graduation. Alberto's Rent-a-Car had the following ending balances after the first month of operations
Dillon Alberto decided to start his own rent-a-car business after graduation. Alberto's Rent-a-Car had the following ending balances after the first month of operations (June 2019). Ending Balances - June 30, 2019 Accounts Payable $ 600 Automobile $ 34,900 Bank Loan $ 17,700 Capital Invested in June $ 19,600 Cash $9,900 Interest Expense $700 Alberto, Capital, June 1, 2019 $ 0 Alberto, Withdrawals $1,100 Maintenance Expense $ 500 Miscellaneous Expense Prepaid Insurance $ 500 $2,000 Salaries Expense $900 Service Revenue $9,500 Unearned Revenue $3,700 Utilities Expense $600 Required Prepare the income statement, statement of owner's equity, and balance sheet. Do not enter dollar signs or commas in the input boxes. Do not use negative signs. Enter the expenses in alphabetical order on the income statement. Select the proper order for the headings of the financial statements. Alberto's Rent-a-Car
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