Question
Income Statement After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of
Income Statement After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 2019. Cash $82,000 180,000 2,100 Common stock Dividends Interest expense Land 210,000 Miscellaneous expense 4,100 95,000 14,000 Notes payable Rent expense Retained earnings Salaries expense Sales commissions Utilities expense Expenses: 800 Total expenses Prepare an income statement for the month ended June 30, 20Y9. West Coast Dreams Realty Inc. Income Statement For the Month Ended June 30, 20Y9 Line Item Description Amount Amount Revenues:
Net income 0 105,000 165,000 22,000 00
Prepare an income statement for the month ended June 30,20YgStep by Step Solution
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