What is the net income for June and

How would I find the Net Income for June?

Problem 3.5A Preparing financial statements from T accounts. LO 3-3, 3-5, 3-6 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 $148,000 in cash to start the business. b. Paid $4,800 for the current month's rent. c. Bought office furniture for $15,520 in cash. d. Performed services for $8,400 in cash e Paid $1,130 for the monthly telephone bill. Performed services for $14,200 on credit. g. Purchased a computer and copier for $35,600; paid $11,800 in cash immediately with the balance due in 30 days. h. Received $7,100 from credit clients. . Paid $2,800 in cash for office cleaning services for the month. Purchased additional office chairs for $4,600; received credit terms of 30 days k. Purchased office equipment for $28,000 and paid half of this amount in cash immediately; the balance is due in 30 days. Issued a check for $8,200 to pay salaries m. Performed services for $14,700 in cash n. Performed services for $16,200 on credit. o. Collected $6,800 on accounts receivable from charge customers. p. Issued a check for $2,300 in partial payment of the amount owed for office chairs. q. Paid $580 to a duplicating company for photocopy work performed during the month. Paid $1,100 for the monthly electric bill. ery withdrew $7,800 cash for perso expenses Required Prepare a trial balance, an income statement, a statement of owner'ss 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. Stmt of Trial Balance Income Analyze Balance Stateme... Owners Sheet Prepare a statement of owner's equity for the month ended June 30, 2019. RANDY GUTTERY, LANDSCAPE CONSULTANT Statement of Owner's Equity Month Ended June 30, 2019 Randy Guttery, Capital, June 1, 2019 Net income for Ju $ 148,000 Less: Withdrawals for June Increase in Capital Randy Guttery, Capital, June 30, 2019 7,800 (7,800) $140,200 KIncome Statement Balance Sheet>