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In June. Blackily uld received a $5,000 cash payment for work billed the previous month. The company replanted a clear-cut area of northem Alberta for

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In June. Blackily uld received a $5,000 cash payment for work billed the previous month. The company replanted a clear-cut area of northem Alberta for which it sent out an invoice for $20.000. At the beginning of the month the company had $1.000 of trees for planting During the month the company purchased $4.000 more, and at the end of the month it was left with frees that had cost $1.500. The company's Expenses were $1000 rent for its often and $1000 in other expenses. Amortizaton on the link and the count was calculated to be $500. The income tant 10 Tamil for the month was accurate to

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