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On June 1, 2017. Concord Corporation was started with an initial investment in the company of $22.370 cash. Here are the assets, liabilities and common

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On June 1, 2017. Concord Corporation was started with an initial investment in the company of $22.370 cash. Here are the assets, liabilities and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations Cash $5,270 Notes payable $13,340 690 Accounts receivable 4.190 Accounts payable Service revenue 8,170 1.010 Supplies expense Maintenance and repairs expense Supplies 2.390 610 Advertising expense 400 Utilities expense 290 Equipment 26.670 Salaries and wages expense 2070 Common stock 22,370 In June, the company issued no additional stock but paid dividends of $1670 Prepare an income statement for the month of June. Concord Corporation Income Statement List of Accounts Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Concord Corporation Retained Earnings Statement Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Concord Corporation Retained Earnings Statement List of Accounts Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity.) Concord Corporation Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity $

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