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What is ending retained earnings at june

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Reference no: EM132523003

Pasadena Pet Store

Adjusted Trial Balance

June 30, 2019

Cash $ 14,000

Accounts Receivable $2,500

Prepaid Insurance $500

Store Equipment $3,400

Accum Dep: Store Equipment $ 600

Accounts Payable $2,200

Unearned Revenue $1,600

Common Stock, June 1, 2019 $11,000

Retained Earnings, June 1, 2019 $3,250

Dividends $250

Sales Revenue $8,900

Wages Expense $2,600

Cost of Goods Sold $3,250

Office Supplies Expense $500

Depreciation Exp: Store Equipment $450

Income Taxes Expense $100

$ 27,550 $27,550

Question A. What is net income for June 2019?

Question B. What is ending retained earnings at June 30, 2019?

Question C. What is the total amount of liabilities?

Question D. What would be the date for the Income Statement and Statement of Stockholders' Equity?

Reference no: EM132523003

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