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On June 1, 2022,Skysong, Inc.was started with an initial investment in the company of $19,148cash. Here are the assets, liabilities, and common stock of the

On June 1, 2022,Skysong, Inc.was started with an initial investment in the company of $19,148cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations:

Cash

$4,048

Notes payable

$10,560

Accounts receivable

3,520

Accounts payable

440

Service revenue

6,900

Supplies expense

880

Supplies

2,112

Maintenance and repairs expense

528

Advertising expense

352

Utilities expense

264

Equipment

22,880

Salaries and wages expense

1,232

Common stock

19,148

During June, the company issued no additional stock but paid dividends of $1,232.

How would you complete the income statement for the month of June?

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