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Prepare a statement of stockholders equity for month ended

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Reference no: EM133124588

Question - After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 20Y9.

Cash

$153,700

Notes payable

$101,500

Common stock

72,500

Rent expense

14,500

Dividends

29,000

Retained earnings

0

Interest expense

5,800

Salaries expense

217,500

Land

121,800

Sales commissions

420,500

Miscellaneous expense

8,700

Utilities expense

43,500

Required - Prepare a statement of stockholders' equity for the month ended June 30, 20Y9.

Reference no: EM133124588

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