I need help with this balance sheet filing in the blanks and the red
Problem 1-03A a1-a3,b1-b2 On June 1, Debra King started Cullumber Designs Co., a company that provides craft opportunities, by investing $11,570 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June. Cash $10,000 Service Revenue $7,100 Accounts Receivable 3,000 Advertising Expense 500 Supplies 1,800 Rent Expense 1,700 Equipment 10,000 Gasoline Expense 210 Notes Payable 8,700 Utilities Expense 160 Accounts Payable 1,400 Debra made no additional investment in June but withdrew $1,400 in cash for personal use during the month.Your answer is correct. Prepare an income statement for the month of June. CULLUMBER DESIGNS CO. Income Statement For the Month Ended June 30, 2020 Revenues Service Revenue 7100 Expenses Advertising Expense 500 Utilities Expense 160 Rent Expense 1700 Gasoline Expense 210 Total Expenses 2570 Net Income / (Loss) 4530Your answer is correct. Prepare an owner's equity statement for the month of June. (List items that increase owner's equity first.) CULLUMBER DESIGNS CO. Owner's Equity Statement For the Month Ended June 30, 2020 Owner's Capital, June 1 0 Add v Investments 11570 Net Income / (Loss) 4530 16100 16100 Less v Drawings 1400 Owner's Capital, June 30 v 14700CULLUMBER DESIGNS CO. Balance Sheet June 30, 2020 Assets Cash $ 10000 Accounts Receivable 3000 Supplies 1800 Equipment 10000 Total Assets 24800 Liabilities and Owner's Equity Liabilities Accounts Payable 1400 Owner's Capital 14700 x Total Liabilities and Owner's Equity 16100 Total Liabilities x x Total Liabilities and Owner's EquityYour answer is partially correct. Try again. Prepare an income statement for June assuming the following data are not included above: (1) $750 of services were performed and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid. CULLUMBER DESIGNS CO. Income Statement For the Month Ended June 30, 2020 v Revenues x Service Revenue 6350 Expenses Gasoline Expense 410 Advertising Expense 500 Rent Expense 1700 Utilities Expense 160 V Total Expenses 2770 x Net Income / (Loss) 3580 LINK TO TEXTPrepare an owner's equity statement for June assuming the following data are not included above: (1) $750 of revenue was earned and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid. (List items that increase owner's equity first.) CULLUMBER DESIGNS CO. Owner's Equity Statement For the Month Ended June 30, 2020 v Owner's Capital, June 1 v Add v Investments 11570 Net Income / (Loss) 3580 x 15150 x 15150 V Less v Drawings 1400 x Owner's Capital, June 30 v 13750 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT