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Question 3 of 7 /20 View Policies Current Attempt in Progress On June 1, 2021. Ayayai Corp.was formed. Its assets, liabilities, share capital, revenues, expenses,

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Question 3 of 7 /20 View Policies Current Attempt in Progress On June 1, 2021. Ayayai Corp.was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow: Cash Accounts receivable Accounts payable Bank loan payable Common shares Dividends declared Service revenue Supplies expense $12,000 7,200 5,840 18.400 28.800 800 19.360 1,680 Supplies Equipment Interest expense Office expense Utilities expense Income tax expense Salaries expense $960 41,600 640 1.200 1,200 560 4,560 (a 1) Prepare a statement of income for the month of June. (Enter negative amounts using either a negative sin preceding the numbers ale to search o i do DELL - /20 Prepare a statement of income for the month of June. (Enter negative amounts using either a negative sign preceding the numbers -45 or parentheses es: (451) AYAYAI CORP Statement of Income Year Ended June 30, 2021 Revenues Sdrvice Revenue 19360 Exdenses Scoples Expense 1680 Interest Expense 840 Office Expense 1200 Utilities Expense 1200 Salaries Expense 450 to search O DOLL - /20 III Suppres expense IDDU Interest Expense 640 Office Expense 1200 Utilities Expense 1200 salaries Expense 4560 Total Expenses 9280 Loss Before Income Tax 560 11 Nincome! (Loss e Textbook and Media List of Accounts Sa latest Alemad Search o i AGEN DELL

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