The following amounts summarize the financial position of Little Big Dog Inc. on May 31, 202X Cash + Balance 3840 Accounts Receivable 1920 + Assets Computers (net) 0 = + Supplies + Land = 600 $15600 Liabilities Accounts Payable 10320 + Note Payable 0 During June 202X, the business completed these transactions: June 1: Began the business with an investment of $6000 cash in exchange for common shares + Salaries Interest Payable Payable 0 0 + + + Shareholders' Equity Retained Earnings 6120 Common Shares 5520 + June 1: Purchased a computer for a total of $9600 by signing a note payable. Interest of 5% to be paid with the note payable on June 1 next year. The computer is expected to last 3 years. June 5: Purchased office supplies on account for $5400. June 9: Invoiced a client for services performed, $8400. June 13: Received $600 cash from a customer to clear the balance owing on their account. June 20: Received a $1200 bill for advertising for a campaign that had been run during the month. June 23: Paid $5400 of a bill received earlier in the month. June 25: Performed services for clients and received $7800 in cash. June 30: Declared and paid a cash dividend of $360. June 30: A physical count revealed that $1320 worth of supplies are still on hand. June 30: Paid $360 for the month's office rent. Employee salaries were also accrued. Employees work 5 days each week and are paid $2500 every Friday. The month ended on a Thursday.

The following amounts summarize the financial position of Little Big Dog inc. on May 31, 202X Bi During June 202X, the business completed these transactions June 1: Began the business with an investment of $6000 cash in exchange for common shares June 1: Purchased a computer for a total of $9500 by signing a note payable Interest of 5% to be paid with the note payable on June 1 next year. The computer is expected to last 3 years. June 5. Purchased office supplies on account for $5400 June 9. Invoiced a client for services pertormed, $8400 June 13: Recelved $600 cash from a customer to clear the baiance owing on their account. June 20: Received a $1200 bill for advertising for a campaign that had been run during the month June 23: Paid $5400 of a bill recelved earier in the month. June 25: Performed services for clients and received $7800 in cash. June 30 . Declared and paid a cash dividend of $360. June 30 . A physical count revealed that $1320 worth of supplies are stil on hand. June 30: Paid $360 for the month's office rent. Employee salaries were also accrued. Employees work 5 days each week and are paid $2500 every Friday. The month ended on a Thursday