On June 1, 2022. Waterway Industries was started with an initial investment in the company...
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Accounting
On June 1, 2022. Waterway Industries was started with an initial investment in the company of $25,194 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 $ 5,244 $13,680 4,560 570 8,550 1.140 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 2,736 Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 684 456 342 29,640 1.596 25.194 Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Waterway Industries Retained Earnings Statement $
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