Question: On June 1, a company was started with an initial investment in the company of $22,210 cash. Here are the assets, liabilities, and common stock

On June 1, a company was started with an initial investment in the company of $22,210 cash. Here are the assets, liabilities, and common stock of the c/ompany at June 30, and the revenues and expenses for the month of june, its first month of operations:

cash: 5519

accounts receivable: 4158

service revenue: 8419

Supplies: 2329

advertising expense: 400

equipment: 26919

common stock: 22230

Notes payable: 13838

Accounts payable: 658

Supplies expense: 1071

maintenance and repairs expense: 671

utilities expense: 229

salaries and wages expense: 2319

In June, the company issued no additional stock but paid dividends of $1530

1. Prepare a balance sheet at June 30, 2014

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