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110.On January 1, 20A, Dr. Kurt Rutherford started a new professional corporation, Kurt Rusford, P.C., to practice medicine with an initial investment of $100,000. On
110.On January 1, 20A, Dr. Kurt Rutherford started a new professional corporation, Kurt Rusford, P.C., to practice medicine with an initial investment of $100,000. On June 30, the accounting records contained the following amounts: $2,000 Accounts Payable Accounts Receivable Cash 6,200 48,100 Contributed Capital Office Equipment Office Supplies Retained Earnings Notes Payable 100,000 60,000 3,500 5,800 10,000 Prepare a balance sheet at June 30, 20A
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