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On June 1, 2022. Waterway Industries was started with an initial investment in the company of $25,194 cash. Here are the assets, liabilities, and common

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On June 1, 2022. Waterway Industries was started with an initial investment in the company of $25,194 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: $5,244 $13,680 Cash Accounts receivable 4,560 570 8.550 Service revenue 1.140 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense Supplies 2.736 684 456 Advertising expense 342 1.596 Equipment 29,640 Common stock 25,194 Waterway Industries Retained Earnings Statement For the Month Ended June 30, 2022 Retained Earnings, June 1 Add : Net Income /(Loss) Less Dividends 4332 Retained Earnings June 30+

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