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estion 16 of 16 w Policies ow Attempt History rent Attempt in Progress < -/15 On June 1, Maria Miller started Sheridan Designs Co.,

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estion 16 of 16 w Policies ow Attempt History rent Attempt in Progress < -/15 On June 1, Maria Miller started Sheridan Designs Co., a company that provides craft opportunities, by investing $12,450 cash business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of Ju Cash $10,000 Service Revenue $6,600 Accounts Receivable 2,900 Advertising Expense 500 Supplies 1,500 Rent Expense 1,600 Equipment 11,000 Gasoline Expense 200 Notes Payable 8,900 Utilities Expense 150 Accounts Payable 1,400 Maria made no additional investment in June but withdrew $1,500 in cash for personal use during the month. (a1) Prepare an income statement for the month of June. SHERIDAN DESIGNS CO. Prepare an owner's equity statement for the month of June. (List items that increase owner's equity first.) SHERIDAN DESIGNS CO. Owner's Equity Statement $

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