Nancy Tercek started a delivery service, Oriole Company, on June 1, 2022. The following transactions occurred during the month of June.

Nancy Tercek started a delivery service, Oriole Company, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $ 25,000 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $ 14,100. Nancy paid $3,000 cash and signed a note payable for the remaining balance. 3 Paid $ 700 for office rent for the month. 5 Performed $ 4,800 of services on account. 9 Declared and paid $ 400 in cash dividends. 12 Purchased supplies for $ 200 on account. 15 Received a cash payment of $ 1,200 for services performed on June 5. 17 Purchased gasoline for $ 100 on account. 20 Received $ 1,600 cash for services performed. 23 Made a cash payment of $ 400 on the note payable. 26 Paid $ 350 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $ 1,530 for employee salaries. Prepare a balance sheet at June 30, 2022. (List Assets in order of liquidity.) Oriole Company Balance Sheet June 30, 2022 Assets Equipment ta 14100 Cash 21320 Accounts Receivable 3600 Supplies 200 Total Assets $ 39220 Liabilities and Stockholders' Equity Liabilities Accounts Payable 200 Notes Payable 10700 Total Liabilities 10900 Stockholders' Equity Common Stock 25000 Retained Earnings 3320 28320 Total Liabilities and Stockholders' Equity $ 17420