Question
Bentley Inc: began operations on June 1, 2014 The transactions for the first month follow a Bentley Inc. issued shares to shareholders for $40,000
Bentley Inc: began operations on June 1, 2014 The transactions for the first month follow a Bentley Inc. issued shares to shareholders for $40,000 b. $600 of commissions were earned and collected today by Bentley Inc c. Bentley Inc collected $6,000 for commissions earned today d Fumiture was rented by a customer for $500 cash The $1,000 bill for the advertising campaign that san last week was received today. It will be paid within 30 days f. Fumiture was rented by a customer for $1,000 cash The bill for the $750 advertising campaign that ran last week was received today and paid h. A client rented equipment for $000 cash Bentley Inc used credit to purchase $800 of supplies J. Bentley Inc. paid dividends of $2,000 to the shareholders Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Also indicate next to each change in equity in the explanation column) whether it was caused by issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. Calculate the total balance for each column noor- sign is required for totals) In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended June 30
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