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On June 1, 2017. Coronado Industries was started with an initial investment in the company of $ 22,360 cash. Here are the assets liabilities, and

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On June 1, 2017. Coronado Industries was started with an initial investment in the company of $ 22,360 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 $ 4,890 $ 12.580 4,360 860 7.790 1,040 Accounts receivable Service revenue Supplies Advertising expense Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 2,360 640 400 260 Equipment 26,290 1.690 Common stock 22,360 In June, the company issued no additional stock but paid dividends of $1,660. Prepare an income statement for the month of June. Coronado Industries Income Statement For the Month Ended June 30, 2017 Revenues 7790 Service Revenue Expenses Advertising Expense 400 Supplies Expense 1040 640 Maintenance and Repairs Expense Utilities Expense 260 1690 Salaries and Wages Expense 4030 Total Expenses $ 3760 Net Income /(Loss) Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Coronado Industries Retained Earnings Statement $ TA e Textbook and Media List of Accounts Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity) Coronado Industries Balance Sheet Assets Liabilities and Stockholders' Equity $ > e Textbook and Media

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