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The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape

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The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape Consultant took place during the month ended June 30, 2019. Transactions: a. Guttery invested $143,000 in cash to start the business. b. Paid $4,300 for the current month's rent. c. Bought office furniture for $15,020 in cash. d. Perfo d services for $8,900 in cash. e. Paid $1,080 for the monthly telephone bill. f. Performed services for $14,700 on credit. g. Purchased a computer and copler for $34,600; paid $11,300 in cash immediately with the balance due in 30 days. h. Received $7,350 from credit clients. 1. Paid $2,300 in cash for office cleaning services for the month. J. Purchased additional office chairs for $4,100; received credit terms of 30 days. k. Purchased office equipment for $23,000 and paid half of this amount in cash immediately; the balance is due in 30 days. 1. Issued a check for $7700 to pay salaries. m. Performed services for $15,200 in cash. n. Performed services for $16,700 on credit. 0. Collected $6,300 on accounts receivable from charge customers. p. Issued a check for $2,050 in partial payment of the amount owed for office chairs. 9. Paid $530 to a duplicating company for photocopy work performed during the month. Paid $1,050 for the monthly electric bill. s. Guttery withdrew $7,300 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30, 2019. Determine the account balances before you start work on the financial statements. Analyze: What is the change in owner's equity for the month of June? Complete this question by entering your answers in the tabs below. Trial Bala Income Statement Stmt of Owners Eqty Balance Sheet Analyze Determine the account balances and prepare a trial balance for the month ended June 30, 2019. RANDY GUTTERY, LANDSCAPE CONSULTANT Trial Balance June 30, 2019 Account Name Debit Credit Complete this question by entering your answers in the tabs below. Trial Balance Income Statement Stmt of Owners Eqty Balance Sheet Analyze Prepare an income statement for the month ended June 30, 2019. RANDY GUTTERY, LANDSCAPE CONSULTANT Income Statement Month Ended June 30, 2019 Revenue Expenses Total expenses 0 $ 0 Complete this question by entering your answe. In the tabs below. Trial Balance Income Statement Strpt of Ownets Eqty Balance Sheet Analyze Prepare a statement of owner's equity for the month ended June 30, 2019. DY GUTTERY, LANDSCAPE CONSULTANT Statement of Owner's Equity Month Ended June 30, 2019 0 $ 0 Complete this question by entering your answers... che tabs below. Income TXXX Trial Balance Stmt of Owners Eqty Balance Sheet Statement Analyze Prepare a balance sheet for the month ended June 30, 2019. RANDY GUTTERY, LANDSCAPE CONSULTANT Balance Sheet June 30, 2019 Liabilities Assets Owner's Equity 0 To assol o Total liabilities and Owner's equity Stmt of Owners Eqty Analyze > s. Guttery withdrew $7,300 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30, 2019. Determine the account balances before you start work on the financial statements. Analyze: What is the change in owner's equity for the month of June? Complete this question by entering your answers in the tabs below. Income Stmt of Trial Balance Statement Owners Eqty Analyze Balance Sheet What is the change in owner's equity for the month of June? Change in owner's equity

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