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Question 3 of 10 Current Attempt in Progress On June 1, 2025, Pharoah Service Co. was started with an initial investment in the company of

Question 3 of 10 Current Attempt in Progress On June 1, 2025, Pharoah Service Co. was started with an initial investment in the company of $21,250 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2025, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 5,600 4,400 8,500 2,342 400 26,800 21,250 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $14,000 900 1,125 During June, the company issued no additional stock but paid dividends of $1,683. 690 210 1,400 -/1
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Current Attempt in Progress On June 1, 2025. Pharoah Service Co. was started with am initial investment in the company of $21,250 cash. Here are the assets, liabilities, and commons stock of the company at June 30,2025 , and the revenues and expenses for the month of June, its first month of operations: During June, the compary issued no additional stock bot paid dividends or $1,683. Prepare a retained earnings statement for the month of June. (List items that increose retained earnings first.) eTextbook and Media List of Accounts Prepare a balance sheet at June 30, 2025. (List assets in ordes of liquidity) PHAROAH SERVICE CO. Balance Sheet June 30,2025 Assets Cast Accounts Receivable Supolics Equipment Total Alsets $ 5600 Liabilities and Stockholders' Equity Labinties. Noter Paybble Acoounts Pavable Total Liabilities Stocltrialders' Enuity EommoniStock Retaincd Earnirys . Foctal Stockholderis' Eoulty Totait tisbilities and Stodinolders' Equity

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