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On June 1, 2025, Blossom Service Co. was started with an initial investment in the company of $20,500 cash. Here are the assets, liabilities, and
On June 1, 2025, Blossom Service Co. was started with an initial investment in the company of $20,500 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2025, and the revenues and expenses for the month of June, its first month of operations: During June, the company issued no additional stock but paid dividends of $1,763. BLOSSOM SERVICE CO. Income Statement $ $ $ BLOSSOM SERVICE CO. Retained Earnings Statement $ BLOSSOM SERVICE CO. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $
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