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Lisa and Ruby two friends from high school, incorporated their design company and began operation on October 1, 2023. During that first month of operation,

Lisa and Ruby two friends from high school, incorporated their design company and began operation on October 1, 2023. During that first month of operation, the company provided services for clients. It is now October 31, 2023, and Lisa and Ruby are wondering how their company performed in its first month of operations. They have provided you with the following information

Accounts payable 1,800

Accounts receivable 2,000

Cash balance at June 1, 2023 0

Cash balance at June 30, 2023 33,300

Common shares 50,000

Land 18,000

Office supplies 3,700

Payment of cash dividends 2,100

Rent expense 1,100

Retained earnings at June 1, 2023 0

Retained earnings at June 30, 2023 ??

Salaries and wages expense 1,200

Service revenue 10,000

Utilities expense 400

a) Prepare an income statement for the month of June for this company.

b)Prepare a statement of retained earnings for the month of June for this company.

c)Prepare a balance sheet as at October 31, 2023 for this company.

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