mework Saved ces Jun. 1 Than Nguyen, the owner, invested $158,000 cash, office equipment with a value of $19,500, and $59,000 of drafting equipment to launch the company in exchange for common stock. 2 The company purchased land worth $63,500 for an office by paying $26,600 cash and signing a long-term note payable for $36,900. Jun. Jun. 3 The company purchased a portable building with $40,500 cash and moved it onto the land acquired on June 2. Jun. Jun. Jun. Jun. 4 The company paid $11,780 cash for the premium on an 18-month insurance policy. 5 The company completed and delivered a set of plans for a client and collected $17,see cash. 6 The company purchased $37,400 of additional drafting equipment by paying $24,000 cash and signing a long-term note payable for $13,400. 7 The company completed $37,2ee of engineering services for a client. This amount is to be received in 30 days. Jun. The company purchased $2,600 of additional office equipment on credit. Jun. 9 The company completed engineering services for $27,see on credit. Jun. 18 The company received a bill for rent of equipment that was used on a recently completed job. The $2,750 rent cost must be paid within 30 days. Jun. 12 The company collected $18,600 cash in partial payment from the client billed on June 9. Jun. 14 The company paid $2,200 cash for wages to a drafting assistant. Jun. 17 The company paid $2,680 cash to settle the account payable created in on June 8. Jun. 28 The company paid $1,658 cash for minor maintenance of its drafting equipment. Jun. 23 The company paid $10,ese cash in dividends. Jun. 28 The company paid $2,200 cash for wages to a drafting assistant. Jun. 29 The company paid $3,660 cash for advertisements on the web during June. Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet Impact on Equity The income statement reports the change in equity attributable to the operation of the business during a specific period of time. Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. Did the company report net income or net loss during the current month? Revenues: NGUYEN ENGINEERING Income Statement For Month Ended June 30, 2018 Engineering fees eamed. Total revenues Expenses: Wages expense Equipment rental expense Advertising expense Repairs expense Show less < Prev 10 of 10 www www Next