# The following is the alphabetical list of accounts and their balances for Zhao’s Interior Design as...

###### Question:

The following is the alphabetical list of accounts and their balances for Zhao’s Interior Design as of June 30:

A) What is the amount of Net Income for the period? ​

B) What is the owner's ending capital as of June 30?

C) What is the amount of Total Liabilities & Owner's Equity on the Balance Sheet?

Questions 2-4: The following is the alphabetical list of accounts and their balances for Zhao's Interior Design as of June 30: Advertising Expense $72,000 Accounts Payable$67,400 Accounts Receivable $235,200 Cash$45,600 Decorating Services Income $772,000 Electricity Expense$34,000 Equipment $251,200 Insurance Expense$16,000 K. Zhao, Capital $205,000 Rent Expense$66,000 Supplies $52,800 Supplies Expense$25,200 Telephone Expense $24,400 Wages Expense$222,000

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