Prepare a trial balance, an income statement, a statement of owner's equity, and a blance sheet. Assume that the transactions took place during the month ended June 30, 20X1. Determine the account balances before you start work on the financial statements.

etermine the account balances and prepare a trial balance for the month ended June 30,201. Complete this question by entering your answers in the tabs below. Prepare a balance sheet for the month ended June 30,201. Prepare an income statement for the month ended June 30,201. q. Paid $630 to a duplicating company for photocopy work performed during the month. t. Paid $1,150 for the monthly electric bill. s. Sutton withdrew $8,300 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30,201. Determine the account balances before you start work on the financial statements. Analyze: What is the change in owner's equity for the month of June? Complete this question by entering your answers in the tabs below. What is the change in owner's equity for the month of June? Complete this question by entering your answers in the tabs below. Prepare a statement of owner's equity for the month ended June 30,201. The accountant for the firm owned by Vincent Sutton prepares financial statements at the end of each month. Transactions: a. Sutton invested $153,000 in cash to start the business. b. Paid $5,300 for the current month's rent. c. Bought office furniture for $16,020 in cash. d. Performed services for $7,500 in cash. e. Paid $1,180 for the monthly telephone bill. f. Performed services for $13,300 on credit. g. Purchased a computer and copier for $36,600; paid $12,300 in cash immediately with the balance due in 30 days. h. Received $6,650 from credit clients. i. Paid $3,300 in cash for office cleaning services for the month. j. Purchased additional office chairs for $5,100; received credit terms of 30 doys. k. Purchased office equipment for $33,000 and paid half of this amount in cash immediately; the balance is due in 30 days. L. Issued a check for $8,700 to pay salaries. m. Performed services for $13,800 in cash. n. Performed services for $15,300 on credit. o. Collected $7,300 on accounts receivable from charge customers. p. Issued a check for $2,550 in partial payment of the amount owed for office chairs. q. Paid $630 to a duplicating company for photocopy work performed during the month. r. Paid $1,150 for the monthly electric bill. s. Sutton withdrew $8,300 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30,20Xi. Determine the account balances before you start work on the financial statements. Analyze: What is the change in owner's equity for the month of June