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Make income statement for the month of june

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Reference no: EM132533631

Financial data for Safety Hire as of 30 June 2019 are:

Required:

Accounts receivables-$63000                              Wages expenses-$75000

Equipment hire income-$1 70 000                         Advertising Expense- $30000

Accounts Payable-$40000                                    Land - $75000

Michael Donato, Capital-?                                     Hire Equipment- $180000

Cash at bank-45000                                            Loan Payable - $50000

Mortgage payable-$130000                                      Electricity Expense - $18000

Building-$85000                                                       Telephone Expense - $7500

Question 1: Make income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019.

Reference no: EM132533631

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