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ings + Revenues - Expenses. a balance sheet at August 3 1 . P { - 3 A On June 1 , Cindy Godfrey started

ings + Revenues - Expenses. a balance sheet at August 31.
P{-3A On June 1, Cindy Godfrey started Divine Designs Co., a company that prowing are the assets craft opportunities, by investing $12,000 cash in the business. Followses for the month of and liabilitics of the company at June 30 and the revenues and expenses for the mot June:
\table[[,,,],[Cash,$10,150,Service Revenue,500],[Accounts Receivable,2,800,Advertising Expense,1,600],[Supplies,2,000,Rent Expense,200],[Equipment,10,000,Gasoline Expense,150],[Notes Payable,9,000,Utilities Expense,],[Accounts Payable,1,200,,]]
Cindy made no additional investment in June but withdrew $1,300 in cash for personal use duriag the month.
Instructions
(a) Prepare an income stalement and owner's equity statement for the month of June and a balance sheet at June 30,2017.
(b) Prepare an income statement and owner's equity statement for June assuming the following data are not included above: (1) $900 of services were performed and billed but not collected at June 30, and (2) $150 of gasoline expense was incurred but not paid.
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