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Problem 1-3A (Part Level Submission) On June 1, 2017, Vaughn Manufacturing was started with an initial investment in the company of $22,410 cash. Here are

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Problem 1-3A (Part Level Submission) On June 1, 2017, Vaughn Manufacturing was started with an initial investment in the company of $22,410 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash 5,420 Notes payable $13,640 Accounts receivable 4,470 Accounts payable 970 8,320 Supplies expense Service revenue 1,080 Supplies 2,320 Maintenance and repairs expense 680 400 Utilities expense Advertising expense 220 Equipment 26,820 Salaries and wages expense 2,220 Common stock 22,410 In June, the company issued no additional stock but paid dividends of $1,710. (a1) Prepare an income statement for the month of June. Vaughn Manufacturing Income Statement (al) Prepare an income statement for the month of June. Vaughn Manufacturing Income Statement SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR

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