no additional stock but paid dividends of $1,521.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Homework
!
1
Q
A
Question 10 of 10
2
W
O Z
S
Prepare an income statement for the month of June.
#
3
80
E
<
D
$
4
000
000
>
R
F
%
175
T
CRANE SERVICE CO.
Income Statement
G
10
O >
education.wiley.com
6
$
LA
MacBook Pro
Y
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7
H
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$
$
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Transcribed Image Text:Homework ! 1 Q A Question 10 of 10 2 W O Z S Prepare an income statement for the month of June. # 3 80 E < D $ 4 000 000 > R F % 175 T CRANE SERVICE CO. Income Statement G 10 O > education.wiley.com 6 $ LA MacBook Pro Y & 18 7 H U 8 J LA $ $ 9 K O Ć O L -/5 3 P
V
SC
<>
Chapter 1 Homework
Question 10 of 10
Cash
1
!
Accounts receivable
Service revenue
0 Z
Supplies
Advertising expense
Equipment
Common stock
On June 1, 2025, Crane Service Co. was started with an initial investment in the company of $26,000 cash. Here are the a
liabilities, and common stock of the company at June 30, 2025, and the revenues and expenses for the month of June, its f
operations:
Q
2
<
W
$4,850
J
4,250
7,800
2,329
400
30,200
26,000
JAN
26
180
#
3
During June, the company issued no additional stock but paid dividends of $1,521.
E
Notes payable
Accounts payable
Supplies expense
Maintenance and repairs expense
Utilities expense
Salaries and wages expense
$
4
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Transcribed Image Text:V SC <> Chapter 1 Homework Question 10 of 10 Cash 1 ! Accounts receivable Service revenue 0 Z Supplies Advertising expense Equipment Common stock On June 1, 2025, Crane Service Co. was started with an initial investment in the company of $26,000 cash. Here are the a liabilities, and common stock of the company at June 30, 2025, and the revenues and expenses for the month of June, its f operations: Q 2 < W $4,850 J 4,250 7,800 2,329 400 30,200 26,000 JAN 26 180 # 3 During June, the company issued no additional stock but paid dividends of $1,521. E Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $ 4 Virtual muesum education.wiley.com 000 000 R DOCX % 5 2 T $12,500 6 750 1,100 690 210 1,500 OneDrive Ⓒ MacBook Pro Y & 7 IMG_4270.jpg tv A & & C U * 00 8 -/5 1 E ( S
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