Question: On June 1, 2017, Windsor, Inc. was started with an initial investment in the company of $22.420 cash. Here are the assets, liabilities, and common




On June 1, 2017, Windsor, Inc. was started with an initial investment in the company of $22.420 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 $4,830 Notes payable Accounts payable $12.460 Accounts receivable 4,470 970 Service revenue 1,100 Supplies Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 700 7.730 2,300 400 26,230 22,420 Advertising expense 200 Equipment 1,630 Common stock In June, the company issued no additional stock but paid dividends of $1,720. Prepare an income statement for the month of June. Windsor, Inc. Income Statement Prepare an income statement for the month of June. Windsor, Inc. Income Statement Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Windsor, Inc. Retained Earnings Statement e Textbook and Media List of Accounts Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity.) Windsor, Inc. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity
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