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June Stockholders invested $11,600 cash in the business in exchange for common stock. 1 2 Purchased a used van for deliveries for $16,240. Nancy
June Stockholders invested $11,600 cash in the business in exchange for common stock. 1 2 Purchased a used van for deliveries for $16,240. Nancy paid $2.320 cash and signed a note payable for the remaining balance. Paid $580 for office rent for the month. 3 5 Performed $5,568 of services for customer on account. 9 Declared and paid $348 in cash dividends. 22 15 17 12 Purchased supplies for $174 on account. 15 Received a cash payment of $1,450 for services performed on June 5. 17 Purchased gasoline for $116 on account. 22 20 Performed services for customer for $1,740 cash. 23 26 26 29 29 30 Made a cash payment of $580 on the note payable. Paid $290 for utilities. Paid for the gasoline purchased on account on June 17. Paid $1.160 for employee salaries. Prepare a retained earnings statement for the month of June. (List items that increase retained earn LEWIS DELIVERIES Retained Earnings Statement For the Month Ended June 30, 2022 Retained Earnings, June 1 S Add Net Income/(Loss) Less Retained Earnings, June 30 $
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