subject
Business, 26.08.2021 19:30 jackiemiranda2010

June: 1 Stockholders invested $10,000 cash in the business in exchange for common stock.
2 Purchased a used van for deliveries for $14,000. Nancy paid $3,000 cash and signed a note payable for the remaining balance.
3 Paid $300 for office rent for the month.
5 Performed $4,400 of services on account.
9 Declared and paid $200 in cash dividends.
12 Purchased supplies for $100 on account.
15 Received a cash payment of $1,000 for services performed on June 5.
17 Purchased gasoline for $100 on account.
20 Received $1,300 cash for services performed.
23 Made a cash payment of $400 on the note payable.
26 Paid $100 for utilities.
29 Paid for the gasoline purchased on account on June 17.
30 Paid $1,000 for employee salaries.

Required:
a. Include margin explanations for any changes in the Retained Earnings account in your analysis.
b. Prepare an income statement for the month of June.
c. Prepare a balance sheet at June 30, 2015.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:50
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
question
Business, 22.06.2019 17:30
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
question
Business, 23.06.2019 06:00
What can be concluded from the data about the reliability and validity of the thermometers
Answers: 2
question
Business, 23.06.2019 07:00
Nthis economy, community members typically use simple tools to plant and harvest crops. food supplies are supplemented by hunting animals and gathering plant materials. members trade with each other to obtain needed goods, as few people hold currency. little economic growth occurs. what type of economy is being described?
Answers: 3
You know the right answer?
June: 1 Stockholders invested $10,000 cash in the business in exchange for common stock.
2...
Questions
question
Mathematics, 17.07.2019 01:30
question
Mathematics, 17.07.2019 01:30
Questions on the website: 13722362