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*Problem 1-04A a-c Nancy Tercek started a delivery service, Concord Corporation, on June 1, 2020. The following transactions occurred during the month of June. June

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*Problem 1-04A a-c Nancy Tercek started a delivery service, Concord Corporation, on June 1, 2020. The following transactions occurred during the month of June. June 1 Stockholders invested $25,000 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $14,800. Nancy paid $3,100 cash and signed a note payable for the remaining balance. 3 Paid $700 for office rent for the month. 5 Performed $4,800 of services on account. 9 Declared and paid $400 in cash dividends. 12 Purchased supplies for $100 on account. 15 Received a cash payment of $1,500 for services performed on June 5. 17 Purchased gasoline for $300 on account. 20 Received $1,300 cash for services performed. 23 Made a cash payment of $700 on the note payable. 26 Paid $100 for utilities 29 Paid for the gasoline purchased on account on June 17. Paid $2,050 for employee salaries. 30 Concord Corporation Tilities Stockwers' Equity Retained Earnings Account Receivable + Cauti Date Supplies Equipment Notes Payable Accounts Payable Common Stock Expenses Dividends June 1 2 9 12 15 17 21 23 26 30 Concord Corporation Income Statement Prepare a balance sheet at June 30, 2019. (List Assets in order of liquidity.) Concord Corporation Balance Sheet Assets Liabilities and Stockholders' Equity Concord Corporation Balance Sheet Assets Liabilities and Stockholders' Equity $ $

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