kathy wintz formed a lawn service business as a summer job to start the corporation on may 1 2014 she deposited 1000/
Requirements
1. As a team, prepare the income statement and the statement of retained earnings of Wintz Lawn Service for the four months May 1 through August 31, 2014.
2. Prepare the classified balance sheet (report form) of Wintz Lawn Service at August 31, 2014.
3. Was Wintz’s summer work successful? Give your team’s reason for your answer.

