On June 1, 2017 Pharoah Company was started with an initial investment in the company...
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Accounting
On June 1, 2017 Pharoah Company was started with an initial investment in the company of $22,350 cash. Here are the assets, Tiabilities, 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 $ 5,010 $12,820 Accounts receivable 4,290 790 7,910 1,030 Service revenue Supplies Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 2,370 630 400 270 Advertising expense Equipment Common stock 26,410 1,810 22.350 In June, the company issued no additional stock but paid dividends of $1,650. Prepare an income statement for the month of June Pharoah Company Income Statement Pharoah Company Income Statement $ List of Accounts Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Pharoah Company Retained Earnings Statement List of Accounts Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity) Pharoah Company Balance Sheet Assets Liabilities and Stockholders' Equity MacBook Pria Question 3 of 3 Liabilities and Stockholders' Equity List of Accounts Swafor Later Attempts of 20ted Submit An MacBook Pro 0 1 $ 4 o 3 5 6 8 7 00. 9 O E 20 T Y > U O P S D F G H J K L A C V 94 anand command option





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