Question: there are three sheets to this answer please post clearly. On June 1, 2017, Sunland Company was started with an initial investment in the company



On June 1, 2017, Sunland Company was started with an initial investment in the company of $22.470 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations Cash $4.770 $12,340 Accounts receivable 4.110 610 Service revenue 7.670 1,090 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 2.310 690 Supplies Advertising expense Equipment 400 210 26,170 1,570 Common stock 22.470 Income Statement For the Month Ended June 30, 2017 Revenues Service Revenue 7,670 Expenses Salaries and Wages Expense $ 1,570 Maintenance and repairs expense 690 Supplies Expense 1,090 Advertising Expense 400 Utilities expense 210 Total Expenses 3960 Net Income /(Loss) $ 3710 List of Accounts Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Sunland Company Retained Earnings Statement For the Month Ended June 30, 2017 Retained Earnings, June 1 0 Add : Net Income /(Loss)
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