Current Attempt in Progress On June 1, Jennifer Davis started Pharoah Designs Co., a company that provides craft opportunities, by investing $13 , 410 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June. Jennifer made no additional investment in June but withdrew $1 , 400 in cash for personal use during the month. (a1) Prepare an income statement for the month of June. PHAROAH DESIGNS CO. Income Statement $ $ Prepare an owner's equity statement for the month of June. (List items that increase owner's equity first.) Prepare a balance sheet at June 30,2022 . (List Assets in order of liquidity.) Prepare an income statement for June assuming the following data are not included above: (1) $700 of services were performed Prepare an owner's equity statement for June assuming the following data are not included above: (1) $700 of services were performed and billed but not collected at June 30 , and (2) \$100 of gasoline expense was incurred but not paid. (List items that increase owner's equity first.)
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Current Attempt in Progress On June 1- Jennifer Davis started Pharoah.docx
1. Current Attempt in Progress On June 1, Jennifer Davis started Pharoah Designs Co., a company
that provides craft opportunities, by investing $13 , 410 cash in the business. Following are the
assets and liabilities of the company at June 30 and the revenues and expenses for the month of
June. Jennifer made no additional investment in June but withdrew $1 , 400 in cash for personal
use during the month. (a1) Prepare an income statement for the month of June. PHAROAH
DESIGNS CO. Income Statement $ $ Prepare an owner's equity statement for the month of June.
(List items that increase owner's equity first.) Prepare a balance sheet at June 30,2022 . (List
Assets in order of liquidity.) Prepare an income statement for June assuming the following data
are not included above: (1) $700 of services were performed Prepare an owner's equity statement
for June assuming the following data are not included above: (1) $700 of services were
performed and billed but not collected at June 30 , and (2) $100 of gasoline expense was
incurred but not paid. (List items that increase owner's equity first.)
