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Business, 29.01.2020 02:44 stevencardona12mejia

On june 1, 2022, blossom company was started with an initial investment in the company of $20,000 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 - $ 4,700
notes payable - $12,200
accounts receivable - 4,100
accounts payable - 600
service revenue - 7,600
supplies expense - 1,000
supplies - 2,460
maintenance and repairs expense - 610
advertising expense - 400
utilities expense - 290
equipment - 24,200
salaries and wages expense - 1,500
common stock - 20,000
turn this into a monthly income statement.

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On june 1, 2022, blossom company was started with an initial investment in the company of $20,000 ca...
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