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Please use Excel. Using the financial data shown in Exercise 2-17 for Big Mountain Realty Inc., prepare the balance sheet as of June 30, 20Y9.

Please use Excel.

Using the financial data shown in Exercise 2-17 for Big Mountain Realty Inc., prepare the balance sheet as of June 30, 20Y9.

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E2-17 Income statement After its first month of operations, the following amounts were taken from the accounting records of Big Mountain Realty Inc. as of June 30, 20Y9. Cash $ 43,000 Notes payable $ 50,000 Common stock 75,000 Rent expense 8,000 Dividends 2,000 Retained earnings 0 Interest expense 300 Salaries expense 50,000 Land 100,000 Sales commissions 90,000 Miscellaneous expense 1,700 Utilities expense 10,000 Prepare an income statement for the month ending June 30, 209

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