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On June 1 2018, Monty Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow: Question 2 of
On June 1 2018, Monty Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow:
Question 2 of 5 > -/22 III View Policies Current Attempt in Progress On June 1, 2018, Monty Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow Cash Accounts receivable Accounts payable Bank loan payable Common shares Dividends declared Service revenue Supplies expense $12,000 10,000 7.000 25.000 31,000 1,400 25,600 2.400 Supplies Equipment Interest expense Office expense Utilities expense Income tax expense Salaries expense $1,100 51,500 800 1,600 1,600 600 5,600 Prepare an income statement for the month of June. (Enter negative amounts using either a negative sign preceding the number e-3.-45 or parentheses e.s. (45).) MONTY CORP Income Statement Question 2 of 5 > -122 MONTY CORP Income Statement $ . e Textbook and Media List of Accounts Prepare a statement of changes in equity for the month of June. (If an amount reduces the account balance then enter with negative sign e.s. -45 or parentheses e.g. (45).) MONTY CORP Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ $ e . e Textbook and Media List of Accounts Prepare a statement of financial position for the month as at June 30. (List Assets in order of liquidity) Prepare a statement of financial position for the month as at June 30. (List Assets in order of liquidity) MONTY CORP. Statement of Financial Position Assets $ Liabilities and Shareholders' Equity $ 1 22 $ Liabilities and Shareholders' Equity $ $ e Textbook and Media List of Accounts Attempts: 0 of 1 used Submit Answer Save for Later
On June 1 2018, Monty Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow:
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