FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please see the info below. They are all part of the same question. I need this asap please and thank you. It requires an income statment for the month of june, a retained earnings statement for the month of june, and a balance sheet for June 30, 2017. Please include the correct terminology.

On June 1, 2017, Swifty Corporation was started with an initial investment in the company of $22,350 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations:

Cash
  $ 5,070  
Notes payable
  $12,940
Accounts receivable
  4,150  
Accounts payable
  650
Service revenue
  7,970  
Supplies expense
  1,100
Supplies
  2,300  
Maintenance and repairs expense
  700
Advertising expense
  400  
Utilities expense
  200
Equipment
  26,470  
Salaries and wages expense
  1,870
Common stock
  22,350      
In June, the company issued no additional stock but paid dividends of $1,650.
 
 
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