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Income Statement After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of
Income Statement 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 $97,000 Notes payable $123,800 Common stock 174,800 Rent expense 15,000 Dividends 4,800 Retained earnings 0 Interest expense 1,300 Salaries expense 105,000 Land 224,800 Sales commissions 204,800 Miscellaneous expense 5,500 Utilities expense 29,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below
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