AndrewChalmers operates a roofing and siding company

 

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AndrewChalmers operates a roofing and siding company called Chalmers Roofing Services. On June 30, 2013, the company’s records show the following accounts which all have normal balances:
Account Name Amount Cash 5,500 Accounts Receivable 7,500 Office Supplies 550 Truck 8,000 Office Equipment 4,500 Repair Supplies 850 Accounts Payable 6,750 Notes Payable 3,800 A. Chalmers, Capital, June 1 4,690 A. Chalmers, Investment, June 10 2,500 A. Chalmers, Investment, June 20 3,000 A. Chalmers, Withdrawals 2,500 Roofing Revenue 4,250 Unearned Roofing Revenue 2,500 Siding Revenue 5,200 Unearned Siding Revenue 2,700 Miscellaneous Expense 1,490 Rent Expense 1,200 Salaries Expense 2,800 Utilities Expense 500 1. Prepare an income statement for the month ended June 30, 2013. 2. Prepare a statement of owner’s equity for the month ended June 30, 2013. 3. Prepare a balance sheet as of June 30, 2013.

 

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