A well-established automobile dealership just hired you as an intern in the back office. since you started, you have discovered that the company is losing market share. in a management meeting, the talk is focused on what has worked in the past. during a lull in the conversation, the owner of the company asks for your opinion. your best input would be a suggestion to create a(n)

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.