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Prepare a balance sheet based on the following: June 1 : Owner contributed $ 5 0 , 0 0 0 in cash to the business.
Prepare a balance sheet based on the following: June : Owner contributed $ in cash to the business.
June : Owner purchased a company vehicle in the amount of $
June : Owner took out a small business loan in the amount of $
June : Owner paid rent for June, and prepaid office rent for a month period to cover July through December at $ per month.
June : Owner paid business license fees in the amount of $ to the county.
June : Owner ordered office supplies, on account, in the amount of $
June : Owner performed service for client on account in the amount of $
June : Owner provided service for client in the amount of $ Customer paid $ at time of service. Client will be billed for the balance due.
June : Owner paid $ in advertising costs to the local paper.
June : Owner recorded wages due to the parttime employee in the amount of $ This will be paid on June
June : Owner prepaid business insurance to cover July through December at the rate of $ per month.
June : Owner paid wages due to parttime employee from period ending June
June : Owner paid for plumbing repairs in the office in the amount of $
June : Owner withdrew $ cash for personal use.
June : Customer paid balance due from June service in the amount of $
June : Owner provided service to client in the amount of $ Client paid at time of service.
June : Owner paid balance due for office supplies purchase on June
June : Owner performed service for client on account in the amount of $
June : Owner received telephone bill for month of June in the amount of $ and recorded the expense. This bill will not be paid until July.
June : Last day of pay period; owner owes parttime worker $ for the June through June pay period. This will be paid on July
June : Record depreciation on vehicle at $
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