Prepare an Income Statement and a Statement of Retained Earnings $\$ 9,000$

Prepare an income statement and a statement of retained earnings for the month of June.Also,prepare a balance sheet at June 30.The transactions of Magna Designer Corporation for the first month of their operations are as follows:
? On June 1, 2015, Magna Designer Coporation received \$25,000 cash from its stockholders and gave common stock to the stockholders.
? The company rendered services to three clients on account with total revenues earned of $\$ 9,000$ .
? It then incured advertising expense on four different websites and promised to pay a total of \$1,200 at a later date.

? On June 13, Magna Designers purchased $\$ 1,000$ of office supplies for cash. (The supplies are not used by June 30.)

? On June 22, it received $\$ 2,000$ on account from its client and deposited it into the business account.
? On June 23, it incured \$1,300 for legal expense and paid cash.
? On June 30, Magna Designers made a payment of $\$ 500$ to one of the websites that it owed for advertising provided earlier in the month.
? No dividends were given during the month.