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Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity.) Bonita Industries Balance Sheet Assets $ Liabilities and Stockholders' Equity $
Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity.) Bonita Industries Balance Sheet Assets $ Liabilities and Stockholders' Equity $ $ On June 1, 2017, Bonita Industries was started with an initial investment in the company of $22,220 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $12,500 860 Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 4,850 4,360 7,750 2,370 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilit expense Salaries and wages expense 1,030 630 400 270 26,250 1,650 22,220 In June, the company issued no additional stock but paid dividends of $1,520
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