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Nancy Tercek started a delivery service, Pina Colada Corp., on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders
Nancy Tercek started a delivery service, Pina Colada Corp., on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $21,800 cash in the business in exchange for common stock. 2 3 5 9 12 15 Purchased a used van for deliveries for $14,200. Nancy paid $4,000 cash and signed a note payable for the remaining balance. Paid $400 for office rent for the month. Performed $5,200 of services on account. Declared and paid $300 in cash dividends. Purchased supplies for $200 on account. Received a cash payment of $1,400 for services performed on June 5. Purchased gasoline for $200 on account. Received $1,300 cash for services performed. Made a cash payment of $600 on the note payable. Paid $350 for utilities. Paid for the gasoline purchased on account on June 17. Paid $1,730 for employee salaries. 17 20 23 26 29 30 (b) Prepare an income statement for the month of June. Pina Colada Corp. Income Statement June 30, 2022 V Revenues Service Revenue $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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