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Requirement 1. Prepare the balance sheet for Wyant Towing Service as of June 30, 2018. (If a box is not used in the table leave
Requirement 1. Prepare the balance sheet for Wyant Towing Service as of June 30, 2018. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Reference Assets Reference Wyant Towing Service Income Statement Month Ended June 30, 2018 Liabilities Wyant Towing Service Statement of Owner's Equity Month Ended June 30, 2018 Owner's Equity Wyant, Capital, June 1, 2018 Owner contribution $ 7,700 Revenues: 12,000 Service Revenue 9,150 Net income for the month Expenses: $ 28,850 Salaries Expense Owner withdrawal (4,000) Rent Expense $ 24,850 Wyant, Capital, June 30, 2018 Total Expenses Net Income Data table Print Done Equipment $ 22,750 Service Revenue $ 11,700 Office Supplies 1,100 Accounts Receivable 9,200 Notes Payable 8,500 Accounts Payable 2,000 Rent Expense 550 Wyant, Capital, June 1, 2018. 7,700 Cash 2,300 Salaries Expense 2,000 Wyant, Withdrawals 4,000 Print Done $ 11,700 S 2,000 550 2,550 $ 9,150 Print Done
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