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Retained Earnings Statement On the first day of the month Javier opened a bank account in the name of the business, where I deposit $25,000

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On the first day of the month Javier opened a bank account in the name of the business, where I deposit $25,000 You pay $600 in cash for the month's rent. He bought a used truck for $8,000 in cash. Tools were purchased for $3,000 on credit at Home-Depot. $150 cash is paid for the use of electric power. Please note that $1,500 is paid in advance in cash for 2-year insurance for the truck. Customers paid the business $3,000 in cash for services received. Pay $700 salary to an employee. Javier prepares a piece of land and the customer makes a cash payment of $2,500 and owes him $1,000. Pay $35 of the phone bill. Javier buys $300 in office equipment. Pay $100 in cash and take the remaining $200 on credit. of the money owed by the customer in point ( the customer pays $500. Javier pays an employee $850 a salary. Javier pays $1,000 of the tools purchased in the letter d. The business generated $2,000 more in revenue; of which he received $1,400 in cash and $600 remain to be collected The owner withdraws $500 from the business account for personal use

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