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View Policies Show Attempt History Current Attempt in Progress On June 1, 2021, Flounder Corp. was formed. Its assets, liabilities, share capital, revenues, expenses,

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View Policies Show Attempt History Current Attempt in Progress On June 1, 2021, Flounder Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at June 30 follow Cash $13,500 Supplies $1,080 Accounts receivable 8.100 Equipment 46.800 Accounts payable 6.570 Interest expense 720 Bank loan payable 20,700 Office experise 1.350 Common shares Dividends declared 32.400 Utilities expense 1,350 900 Income tax expense 630 Service revenue 21.780 Salaries expense 5.130 Supplies expense 1890 (a1)

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