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On June 1, 2022, Marigold Corp. was started with an initial investment in the company of $18,564 cash. Here are the assets, liabilities, and common
On June 1, 2022, Marigold Corp. was started with an initial investment in the company of $18,564 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: $10,080 420 840 Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 3,864 3,360 6,300 2,016 336 21,840 18,564 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 504 252 1,176 During June, the company issued no additional stock but paid dividends of $1,176. On June 1, 2022, Marigold Corp. was started with an initial investment in the company of $18,564 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: $10,080 420 840 Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 3,864 3,360 6,300 2,016 336 21,840 18,564 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 504 252 1,176 During June, the company issued no additional stock but paid dividends of $1,176
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