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prepare a financial position for the month as at june 30 list assets in order of liquidity On June 1, 2021, Martinez Corp. was formed.
prepare a financial position for the month as at june 30
list assets in order of liquidity
On June 1, 2021, Martinez Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow: Cash $14,400 Supplies $1,152 Accounts receivable 8,640 Equipment 49.920 Accounts payable 7,008 Interest expense 768 Bank loan payable 22,080 Office expense 1.440 Common shares 34,560 1,440 Utilities expense Income tax expense Dividends declared 960 672 Service revenue 23.232 Salaries expense 5.472 Supplies expense 2016 Prepare a statement of financial position for the month as at June 30. (List Assets In order of liquidity.) MARTINEZ CORP. Statement of Financial Position Assets $ $ Liabilities and Shareholders' Equity Liabilities and Shareholders' Equity $ I $ Step by Step Solution
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