Prepare an income statement for the month of March:
On March 1 2013 Amy Dart began Dart Delivery Service which provides delivery of bulk mailings to the post office neighborhood delivery of
weekly newspapers data delivery to computer service centers and various other delivery services using leased vans. On February 28 Dary invested $15000 of
her own funds in the firm and borrowed $6000 from her father on a six-month non-interest-bearing note payable. The following information is available at
March 31:
Accounts Receivable 9700 delivery fees earned 19300
Rent expense 1500 cash 12900
Advertising expense 900 supplies 6500
supplies expense 2700 notes payable 6000
accounts payable 1200 insurance expense 800
salaries expense 6300 common stock 15000
miscellaneous expense 200 retained earnings ?