Prepare Edwards Caddy service statement if owners equity for the month ended June 30 2017

g Transactions (Chps 1&2) Summer Edwards wll manage Edwards Caddy Services at Canyon Lake Golf and Country Club during June through September 2017 Summer rents a small maintenance building from the country club and offers caddy services, including cart rentals, to golfers has had no formal training in bookkeeping. keeps receipts and notes of all revenues and expenses in a shoe box. Your examination of the Summer's shoe box of caddy service records for June revealed the following: Jun 1 Summer contributed to Edwards Caddy Service, by depositing $8,000 into the business accoumt. 1 Paid June rental fee of $1,000 for a small building at Canyon Lake Golf and Country Club. 2 Paid June rental fee of $1,500 for 40 regular pulling golf carts and 20 gasoline-drive carts. 3 Purchased golf supplies (practice balls, gasoline, etc), on account S2.000. 15 Paid wages to part-time employees, $850. 20 Paid cash to creditors on account, $1,000. 30 A count of all the "Pay Later" slips from customers for caddy services performed from june 1 30 A count of all the "Paid Cash" slips from customers for caddy services performed from June 1-30, 30 Paid the following business expenses: -30, totalled, $3,000. totalled $9,0. Paid wages to part-time employees, $1,250 Paid telephone and electricity expenses, $300. Paid miscellaneous expenses, $250. 30 Summer withdrew $3,800 for personal use. Summer has asked you several questions concerning his reporting of financial data financialafairs to date, and he has asked you to assist with his bookkeeping and Requirements: 1. Journalize Edwards Caddy Service's June transactions 2. Post Edwards Caddy Service's June transactions to T-Accounts. 3. Prepare Edwards Caddy Service's Trial Balance as of june 30, 2017 4. Prepare Edwards Caddy Service's Income Statement for the month ended june 30, 2017. 5. Prepare Edwards Caddy Service's Statement of Owner's Equity for the month ended June 30, 2017 6. Prepare Edwards Caddy Service's Balance Sheet as of june 30, 2017 COMPLETE ENTIRE PACKET NEATLY USING PENCIL, NO INK* 1 of 7