Problem II (Part C Balance Sheet) (30 points) From the infor…
Problem II (Part C Balance Sheet) (30 points) From the information given below, prepare a June 30, 2021 IN GOOD FORM. From the information given below, prepare a June 30, 2021 . From the information given below, prepare a Balance Sheet IN GOOD FORM. Mickey Mouse, the sole stockholder, began Catnip, Inc., on June 1, 2021. The accounts balances below are the summary of transaction analyses for Catnip and contains the following balances on June 30, 2021. Note: the parts are interconnected. Accounts Receivable $11,400 Prepaid Insurance $ 1,800 Accounts Payable 7,400 Maintenance and Repairs Expense 1,200 Cash 15,940 Service Revenue 15,500 Equipment 59,360 Dividends 800 Utilities Expense 950 Common Stock 40,000 Insurance Expense 600 Salaries and Wages Expense 8,400 Notes Payable, due 2025 31,450 Salaries and Wages Payable 900 Retained Earnings (June 30, 2021) 5,200 To create a table, open the table editor as indicated in the image below. (Add rows and columns as needed.)
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