Please do not give solution in image format thanku On June 1, 2022, Oriole Company was started with an initial investment in the company of $23,100 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 ofoperations:Cash$5,510Accounts receivable 4,300Service revenue8,400Supplies2,413Advertising expenseEquipmentCommon stock40028,50023,100Notes payableAccounts payableSupplies expenseMaintenance and repairs expenseUtilities expenseSalaries and wages expense$13,8208001,0806102901,400 Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.)ORIOLE COMPANYRetained Earnings Statement

Name: Please do not give solution in image format thanku On June 1, 2022, Or
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Description: Please do not give solution in image format thanku On June 1, 2022, Oriole Company was started with an initial investment in the company of $23,100 cash. Here are the assets,liabilities, and common stock of the company at June 30, 2022, and the reven

Retained Earnings are the accumulated Net income or profit of any company which is saved in order…

Business

Accounting

On June 1, 2022, Oriole Company was started with an initial investment in the company of $23,100 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: $5,510 Accounts receivable 4,300 Service revenue 8,400 Supplies 2,413 Advertising expense 400 Equipment Common stock Cash 28,500 23,100 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $13,820 800 1,080 610 290 1,400

On June 1, 2022, Oriole Company was started with an initial investment in the company of $23,100 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: $5,510 Accounts receivable 4,300 Service revenue 8,400 Supplies 2,413 Advertising expense 400 Equipment Common stock Cash 28,500 23,100 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $13,820 800 1,080 610 290 1,400

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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