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My answers are correct except for Net Income Required information {The following information applies to the questions displayed below.) Llu Zhang operates Lawson Consulting, which

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image text in transcribedMy answers are correct except for Net Income
Required information {The following information applies to the questions displayed below.) Llu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $16,070 cash in the company on June 1. On June 30, the company's records show the following accounts and amounts for the month of June. Canh Recounts receivable Equipment Recounts payable Common atook $ 8.500 5.200 7,200 3,630 16,070 Dividends Service revenue Rent expenso Wages opened $ 2.200 14,100 2,700 8.000 Use the above Information to prepare a June income statement for the business, LAWSON CONSULTING Income Statement For Month Ended June 30 Revenues Use the above information to prepare a June Income statement for the business. LAWSON CONSULTING Income Statement For Month Ended June 30 Revenues: Service revenue $ $ 14,100 $ 14,100 Total Revenues Expenses: Wages expense Rent expense $ 8,000 2,700 Total Expenses Net income 10,700 5,300 GA

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