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On June 1, 2322, Sunland Company was started with an initial investment in the company of $28,600 cash. Here are the assets, liabilities, and common
On June 1, 2322, Sunland Company was started with an initial investment in the company of $28,600 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 Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 4,850 4,360 7,800 2,424 400 32.900 28,600 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $12,500 860 1,010 630 270 1,200 During June, the company issued no additional stock but paid dividends of $1.716. On June 1, 2322, Sunland Company was started with an initial investment in the company of $28,600 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 Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 4,850 4,360 7,800 2,424 400 32.900 28,600 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $12,500 860 1,010 630 270 1,200 During June, the company issued no additional stock but paid dividends of $1.716
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