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Matt Stiner started a delivery service, Carla Vista Deliveries Ltd, on June 1,2020. The following transactions occurred during the month of June. June Shareholders invested
Matt Stiner started a delivery service, Carla Vista Deliveries Ltd, on June 1,2020. The following transactions occurred during the month of June. June Shareholders invested 6,700 cash in the business in exchange for ordinary shares; 2 Purchased a used van for deliveries for 14.700. Matt paid 3,800 cash and signed a note payable for the remaining balance. 3 Paid 800 for office rent for the month, 5 Performed services worth E5,000 on account. 9. Declared and paid 600 in cash dividends. 12 Purchased supplies for 120 on account. 15 Received a cash payment of 1,000 for services performed on June 5 . 17 Purchased gasoline for 215 on account. 20 Received a cash payment of 1,250 for services performed, 23 Made a cash payment of 600 on the note payable. 26 Paid 350 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid 2,550 for employce salarios, Prepare an income statement for the month of June
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