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On June 30th at 11:59 pm. G.P. Burdell started Dillon Paddle Boards (DPB) in Dillon, Montana, with a $65,000 investment. Her business sells paddle boards
On June 30th at 11:59 pm. G.P. Burdell started Dillon Paddle Boards (DPB) in Dillon, Montana, with a $65,000 investment. Her business sells paddle boards and accessories to tourists and outdoor enthusiasts' in western Montana. Below is the balance sheet at June 30th, 2021. + Dillion Paddle Boardse Balance Sheet June 30, 20212 Assets Cashe $65,000 Liabilities + Equity Contributed Capitale $65,000 le With regular operations thus commenced, the following details came from her on-line banking app on September 30th, 2021 (these transactions occurred between July 14 and September 30th); Withdrawals from Bank Account Salariese $12,000 Merchandise Inventory 82,000 Fixtures, Shelves, Equipment 32,000 Rent- 30,000 Deposits to Bank Account Bank Loan (acquired 7/1 and still outstanding 9/30) Customer collections (aggregated) 12,000 79,086
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