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Balance Sheet After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of
Balance Sheet
After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 20Y9.
Cash | $172,250 | Notes payable | $113,750 | |
Common stock | 81,250 | Rent expense | 16,250 | |
Dividends | 32,500 | Retained earnings | 0 | |
Interest expense | 6,500 | Salaries expense | 243,750 | |
Land | 136,500 | Sales commissions | 471,250 | |
Miscellaneous expense | 9,750 | Utilities expense | 48,750 |
Prepare a balance sheet as of June 30, 2049. West Coast Dreams Realty Inc. Balance Sheet June 30, 2019 Assets $ Total assets ta Liabilities $ Stockholders' Equity $ Total stockholders' equity Total liabilities and stockholders' equity $
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