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On June 1, 2022. Carla Vista Co. was started with an initial investment in the company of $20,160 cash. Here are the assets. liabilities, and
On June 1, 2022. Carla Vista Co. was started with an initial investment in the company of $20,160 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 $5.450 Notes payable $13,700 Accounts receivable 4270 Accounts payable 770 Service revenue 8,400 960 Supplies expense Maintenance and repairs expense Supplies 2.438 650 Advertising expense 400 250 Utilities expense Sataries and wages expense Equipment 26,000 1.100 Common stock 20.160 During June, the company issued no additional stock but paid dividends of $1,512
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