Answered>Order 16610
Thrifty Tax Services, Inc. was organized in 2018 to provide tax and accounting services to small businesses. The following are balance sheet values as of June 1, 2018: Cash $ 1,400 Accounts receivable 750 Supplies 210 Equipment 8,200 Patent 5,900 Accounts payable 600 Notes payable -0- Common Stock 2,000 Additional Paid in Capital 12,000 Retained earnings 1,860 Total $16,460 $16,460 Consider the following transactions that occurred during June 2018: Sold 1,000 shares […]