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Statement of Financial Position Your answer is partially correct. Prepare a statement of financial position for the month as at June 30. (List Assets in
Statement of Financial Position
Your answer is partially correct. Prepare a statement of financial position for the month as at June 30. (List Assets in order of liquidity.) BRAMBLE CORP. Statement of Financial Position Assets Total Assets $ Liabilities and Shareholders' Equity 24 A == Liabilities and Shareholders' Equity Liabilities $ Total Liabilities ALL $ On June 1, 2021, Bramble Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow: $12,600 Supplies $1,008 7.560 Equipment Cash Accounts receivable Accounts payable Bank loan payable 43,680 6,132 Interest expense 672 19,320 Office expense 1.260 Common shares 30,240 1.260 Utilities expense Income tax expense Dividends declared 840 588 Service revenue 20,328 Salaries expense 4,788 Supplies expense 1.764 Step by Step Solution
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