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On June 1,2022, Oriole Company was started with an initial investment in the company of
$31,500 cash. Here liabilities, and common stock of the company at June 30,2022, and the
revenues and expenses for the month of operations: During June, the company issued no
additional stock but paid dividends of $1,512.
Prepare an income statement for the month of June.
Prepare a retained earnings statement for the month of June. (List items that increase retained
earnings first)
Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity) 5 Liabilities and
Stockholders' Equity 55

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On June 1,2022, Oriole Company was started with an initial investment.pdf

  • 1. On June 1,2022, Oriole Company was started with an initial investment in the company of $31,500 cash. Here liabilities, and common stock of the company at June 30,2022, and the revenues and expenses for the month of operations: During June, the company issued no additional stock but paid dividends of $1,512. Prepare an income statement for the month of June. Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first) Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity) 5 Liabilities and Stockholders' Equity 55