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On June 1, 2022, Wildhorse Co. was started with an initial investment in the company of $\$ 19,600$ 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: $\begin{array}{lrlr}\text { Cash } & \$ 4,890 & \text { Notes payable } & \$ 12,580 \\ \text { Accounts receivable } & 4,360 & \text { Accounts payable } & 860 \\ \text { Service revenue } & 8,000 & \text { Supplies expense } & 1,090 \\ \text { Supplies } & 2,338 & \text { Maintenance and repairs expense } & 640 \\ \text { Advertising expense } & 400 & \text { Utilities expense } & 260 \\ \text { Equipment } & 24,000 & \text { Salaries and wages expense } & 1,690 \\ \text { Common stock } & 19,600 & & \end{array}$ During June, the company issued no additional stock but paid dividends of $\$ 1,372$.
Prepare an income statement for the month of June. WILDHORSE CO. Income Statement June 30, 2022 For the Month Ended June 30, 2022 For the Year Ended June 30, 2022 $\$$ $\$$
Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) WILDHORSE CO. Retained Earnings Statement $\$$
Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity.) WILDHORSE CO. Balance Sheet Assets $\$$
Liabilities and Stockholders' Equity $\$$ $\$$

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