After its first month of operations, the following amounts were taken from the accounting records of...

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After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 2019. Cash $86,000 Notes payable. $100,000 Common stock 150,000 Rent expense 16,000 Dividends 4,000 Retained earnings 0 Interest expense 600 Salaries expense 100,000 Land 200,000 Sales commissions 180,000 Miscellaneous expense 3,400 Utilities expense 20,000 Prepare a balance sheet as of June 30, 2019. West Coast Dreams Realty Inc. Balance Sheet June 30, 20Y9 Assets Total assets Liabilities Stockholders Equity Total stockholders' equity Total liabilities and stockholders' equity After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 2019. Cash $86,000 Notes payable. $100,000 Common stock 150,000 Rent expense 16,000 Dividends 4,000 Retained earnings 0 Interest expense 600 Salaries expense 100,000 Land 200,000 Sales commissions 180,000 Miscellaneous expense 3,400 Utilities expense 20,000 Prepare a balance sheet as of June 30, 2019. West Coast Dreams Realty Inc. Balance Sheet June 30, 20Y9 Assets Total assets Liabilities Stockholders Equity Total stockholders' equity Total liabilities and stockholders' equity

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