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transactiona of june financial position on may 31 please do requirements also do journal entry and t-accounts gor transactions are assers liabilities and common shares

transactiona of june image text in transcribed
financial position on may 31
image text in transcribed
please do requirements
image text in transcribed
image text in transcribed
image text in transcribed
also do journal entry and t-accounts gor transactions
are assers liabilities and common shares the same as or different the. from req3?
During June 20XX, the business completed these transactions: a. Received cash of $4,750 and issued common shares. b. Performed services for a client and received cash of $7,300. c. Paid $3,940 on accounts payable. d. Purchased supplies on account, $1,540. e. Collected cash from a customer on account, $990. f. Consulted on the design of a business report, and billed the client for services rendered, $2,520. g. Recorded the following business expenses for the month: paid office rent, $850; paid advertising, $350. h. Declared and paid a cash dividend of $2,080. Requirement 2. Prepare the entity's Statement of Retained Earnings for the month ended June 30, 20xX. Select the labels for the heading. Then, complete the statement by selecting the appropriate labels and entering the amounts. Requirement 3. Prepare the Balance Sheet of Best Consulting, Inc, at June 30, 20x X. Begin by selecting the labels for the heading. Then complete the Balance Sheet by selecting the appropriate acoounts and entering the balance for each account. (if an input field is not used in the Balance Sheet, leave the input field empty; do not select a label or enter a zero.) equirement 1. Prepare the Income Statement of Best Consulting, Inc. for the month ended June 30, 20xX. List expenses in decreasing order by amount. this step, select the labels for the heading of the Income Statement. Then, complate the Income Statement by selecting the appropriate accounts and entering the amounts into the statemen emember to list expenses in decreasing order by amount

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