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On June 1, 2017, Tamarisk, Inc. was started with an initial investment in the company of $22,330 cash. Here are the assets, liabilities, and common

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On June 1, 2017, Tamarisk, Inc. was started with an initial investment in the company of $22,330 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: $12.480 770 Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $4,840 4,270 7.740 2,390 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 1,010 610 290 400 1,640 26,240 22,330 In June, the company issued no additional stock but paid dividends of $1,630. Prepare an income statement for the month of June. Tamarisk, Inc. Income Statement For the Month Ended June 30, 2017 Question 21 of 24 List of Accounts Prepare a retained earnings statement for the month of June (List Items that increase retained earnings first) Tamarisk, Inc. Retained Earnings Statement List of Accounts Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity) Tamarisk, Inc. Balance Sheet O RI e . - 20 Question 21 of 24 Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity) Tamarisk, Inc. Balance Sheet Assets Liabilities and Stockholders' Equity o RE e >

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