question 4 part 2

Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Volce resulted in totals at June 30, 2020, as shown in the following accounting equation format: Cash $6,500 - Assets Accounts Receivable + Supplies - Equipment $2,000 $2,700 $7,300 Liabilities Accounts Payable 54,800 Natalie Gold. Capital $14,000 Equity Explanation of Equity Transaction During July, the following occurred: a Collected $880 from a credit customer b. Paid $2.900 for equipment purchased on account in June. c. Did work for a client and collected cash: $1,900. d. Paid a part-time consultant's wages: $1,030, e. Pald the July rent: $2,000. f. Paid the July utilities: $1,000. g. Performed services for a customer on credit: $2,000. h. Called an information technology consultant to fix the agency's photo editing software in August: it will cost $430 2. Prepare an income statement for July 2020. VIVID VOICE Income Statement For Month Ended July 31, 2020 Revenues Operating expenses. Total operating expenses 0