Question 3 Mark Mok started a delivery service. Mark Deliveries, on June 1, 20X1. The following transactions occurred during the month of June. June Mark invested S10,000 cash to start the delivery company. Purchased a used van for deliveries for $12.000. Mark paid $2.000 cash and signed a note payable for the remaining balance. Paid SS00 for office rent for the month. 5 Performed $4.400) of services on account. 9 Declared and paid $200 in cash dividends 12 Purchased supplies for $150 on account. 15 Received a cash payment of $1.250 for services provided on June 5. 17 Purchased gasoline for $100 on account. 20 Received a cash payment of $1.500 for services provided. 23 Made a cash payment o S500 on the note payable. 20 Paid $250 for utilities Paid for the gasoline purchased on account on June 17. 30 Paid $1.000 for employee salaries (a) (b) Prepare an income statement for the month of June. Prepare a statement of financial position at June 30, 20X1. Question 3 Mark Mok started a delivery service, Mark Deliveries, on June 1. 20X1. The following transactions occurred during the month of June. June Mark invested S10,000 cash to start the delivery company 2 Purchased a used van for deliveries for S12.000. Mark paid $2.000 cash and signed a note payable for the remaining balance. Paid SSC for office rent for the month. 5 Performed $4.400 of services on account. 9 Declared and paid $200 in cash dividends. Purchased supplies for SISO on account. 15 Received a cash payment of $1.250 for services provided on June 5. 17 Purchased gasoline for $100 on account. 20 Received a cash payment of $1.500 for services provided. 23 Made a cash payment o $500 on the note payable. 26 Paid $250 for utilities. 20 Paid for the gasoline purchased on account on June 17. 30 Paid $1.000 for employee salaries. Instructions (2) Prepare an income statement for the month of Junc, (b) Prepare a statement of financial position at June 30, 20X1