On June 1, Cindy Godfrey started Divine Designs Co , a company that provides craft opportunities, by investing $11,210 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 $11,000 Service Revenue $7,200 Accounts Receivable 2,900 Advertising Expense 400 Supplies 1,600 Rent Expense 1,400 Equipment 10,000 Gasoline Expense 230 Notes Payable 9,300 Utilities Expense 180 Accounts Payable 1,100 Prepare an income statement for June assuming the following data are not included above (1) $950 of services were performed and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid Find Service Revenues, Advertising expense, Rent expense, Gasoline expense, Utilities expense, Total expenses, Net Income (loss)

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On June 1, Cindy Godfrey started Divine Designs Co., a company that provides craft opportunities, by investing $11,210 cash in the business. Following are the

On June 1, Cindy Godfrey started Divine Designs Co., a company that provides craft opportunities, by investing $11,210 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	$11,000	Service Revenue	$7,200
Accounts Receivable	2,900	Advertising Expense	400
Supplies	1,600	Rent Expense	1,400
Equipment	10,000	Gasoline Expense	230
Notes Payable	9,300	Utilities Expense	180
Accounts Payable	1,100	Prepare an income statement for June assuming the following data are not included above: (1) $950 of services were performed and billed but not collected at June 30, and (2) $200 of gasoline expense was incurred but not paid. Find: Service Revenues, Advertising expense, Rent expense, Gasoline expense, Utilities expense, Total expenses, & Net Income (loss)