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On June 1, 2022, Blue Spruce Corp. was started with an initial investment in the company of $26,520 cash. Here are the assets, liabilities, and

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On June 1, 2022, Blue Spruce Corp. was started with an initial investment in the company of $26,520 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations: Cash $ 5,520 $14.400 Accounts receivable 4,800 600 9,000 1.200 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 2,880 Service revenue Supplies Advertising expense Equipment Common stock 720 480 360 31.200 1.680 26,520 During June, the company issued no additional stock but pald dividends of $1.680 Prepare a retained earnings statement for the month of June. (List items that increase retalned earnings first.) Blue Spruce Corp. Retained Earnings Statement

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