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June Rental Property Business Transactions by Amit Pandey is a document available to read on EtoBox.
What is June Rental Property Business Transactions about?
Bret Eisen established a business to manage rental properties. During June, he opened a bank account with $30,000, purchased supplies costing $1,200, and received $7,200 in fees. He paid rent of $3,000, creditors of $750, and various other expenses totaling $2,500. Revenues were $5,000 in fees billed and $7,200 received, for a net income of $3,950. Dividends of $1,500 decreased retained earnings that month.
- Author
- Amit Pandey
- Language
- EN