On June 1, 2017, Waterway Industries was started with an initial investment in the company of $22,270 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 $ 5,500 Notes payable $13,800
Accounts receivable 4,490 Accounts payable 990
Service revenue 8,400 Supplies expense 1,060
Supplies 2,340 Maintenance and repairs expense 660
Advertising expense 400 Utilities expense 240
Equipment 26,900 Salaries and wages expense 2,300
Common stock 22,270
In June, the company issued no additional stock but paid dividends of $1,570.
Answers: 3
Another question on Business
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
Business, 22.06.2019 21:30
Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?
Answers: 2
Business, 23.06.2019 04:00
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her leadership approach?
Answers: 3
You know the right answer?
On June 1, 2017, Waterway Industries was started with an initial investment in the company of $22,27...
Questions
Computers and Technology, 13.11.2019 01:31
Biology, 13.11.2019 01:31
Mathematics, 13.11.2019 01:31
Social Studies, 13.11.2019 01:31
Biology, 13.11.2019 01:31
Geography, 13.11.2019 01:31
