Question: On June 1 , 2 0 2 2 , Carla Vista Co . was started with an initial investment in the company of $ 2

On June 1,2022, Carla Vista Co. was started with an initial investment in the company of $23,700 cash. Here are the assets, liabilities, and common stock of the company at June 30,2022, and the revenues and expenses for the month of June, its first month of operations:
Cash
$ 5,060
Notes payable
$12,920
Accounts receivable
4,250
Accounts payable
750
Service revenue
7,900
Supplies expense
860
Supplies
2,341
Maintenance and repairs expense
700
Advertising expense
400
Utilities expense
200
Equipment
28,800
Salaries and wages expense
1,000
Common stock
23,700
During June, the company issued no additional stock but paid dividends of $1,659.On June 1,2022, Carla Vista Co. was started with an initial investment in the company of $23,700 cash. Here are the assets, liabilities, and common stock of the company at June 30,2022, and the revenues and expenses for the month of June, its first month of operations:
Cash
$ 5,060
Notes payable
$12,920
Accounts receivable
4,250
Accounts payable
750
Service revenue
7,900
Supplies expense
860
Supplies
2,341
Maintenance and repairs expense
700
Advertising expense
400
Utilities expense
200
Equipment
28,800
Salaries and wages expense
1,000
Common stock
23,700
During June, the company issued no additional stock but paid dividends of $1,659.On June 1,2022, Carla Vista Co. was started with an initial investment in the company of $23,700 cash. Here are the assets, liabilities, and common stock of the company at June 30,2022, and the revenues and expenses for the month of June, its first month of operations:
Cash
$ 5,060
Notes payable
$12,920
Accounts receivable
4,250
Accounts payable
750
Service revenue
7,900
Supplies expense
860
Supplies
2,341
Maintenance and repairs expense
700
Advertising expense
400
Utilities expense
200
Equipment
28,800
Salaries and wages expense
1,000
Common stock
23,700
During June, the company issued no additional stock but paid dividends of $1,659.

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