I am trying to prepare a balance sheet for Crane Designs. The following is the information pertaining to the company:

On June 1, Patricia Johnson started Crane Designs Co., a company that provides craft opportunities, by investing $12,810 cash in the business. Following are the assets and balance liabilities of the company at June 30 and the revenues and expenses for the month of June.

Cash: $11,000

Accounts Receivable: $3,300

Supplies: $1,900

Equipment: $10,000

Notes Payable: $9,300

Accounts Payable: $1,100

Service Revenue: $6,300

Advertising Expense: $400

Rent Expense: $1,300

Gasoline Expense: $180

Utilities Expense: $130

Patricia made no additional investment in June but withdrew $1,300 in cash for personal use during the month.

Assets Cash 11,000 Accounts Receivable 3,300 > Supplies 1,900 > Equipment 10,000 Total Assets 26,200 Liabilities and Owner's Equity Llabilities Notes Payable 9,300 Accounts Payable 1,100 10,400 Breh IT