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Assume all beginning balances are $0. Post transactions to the template on page 11. Shows debits without parentheses. Show credits with parentheses. Prepare an income

Assume all beginning balances are $0. Post transactions to the template on page 11. Shows debits without parentheses. Show credits with parentheses. Prepare an income statement, statement of retained earnings, and balance sheet in good form. June 2. You invested $15,000 into common stock of a company that you recently incorporated to begin a landscaping business. 2 June 7. The business borrowed $12,000 from the bank. 3. June 8. Bought for cash some lawn mowers and other equipment for $4,000. June 10. Bought some supplies for cash for $1,200. 5. June 13. Purchased advertising. Paid cash of $600. Advertising was for June through August ($200 per month). Expense the June advertising. 6. June 13. Paid rent in cash for $400 for June, plus a $600 security deposit repayable at the end of the lease. 7. June 19. Completed a job and you received $900 cash. 8. June 20. Company received an invitation to join the Better Business Bureau. Dues are $250. You thought this would be a good idea and will join next month. 9. June 21. Completed another job for $1,200. Customer will pay in 10 days. 10. June 25. Check for $900 came in from the job done on June 21. 11. June 29. Customer paid cash in advance for services: $1,500. ($500 for July, Aug and Sept). 12. June 30. Supplies at the end of the month totaled $200. Check figure for homework. Total assets = $29,000. Template for homework problem on page 10. Cash Assets Supplies 1. 15,000 2. 12,000 3. (4,000) 4,000 4. (1,200) 1,200 0 Loam E Payable Sale Sales Income Stat O 0 0 9 0 15,000 (12,000) 10 Use this space for the income statement, statement of retained earnings, and balance sheet. The balance sheet date is June 30, 2022. Use Hilltop Inc. for the company name

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