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On June 1, Laura Hall started Wildhorse Designs Co., a company that provides craft opportunities, by investing $13,490 cash in the business. Following are the

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On June 1, Laura Hall started Wildhorse Designs Co., a company that provides craft opportunities, by investing $13,490 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 $6,100 Accounts Receivable 3,400 500 Supplies 2,000 Service Revenue Advertising Expense Rent Expense Gasoline Expense Utilities Expense 1.300 Equipment 11,000 220 Notes Payable 8,900 170 Accounts Payable 1,300 Laura made no additional investment in June but withdrew $1,200 in cash for personal use during the month, Prepare an income statement for June assuming the following data are not included above: (1) S700 of services were performed and billed but not collected at June 30, and (2) $100 of gasoline expense was incurred but not paid. WILDHORSE DESIGNS CO. Income Statement eTextbook and Media Prepare an owner's equity statement for June assuming the following data are not included above: (1) $700 of services were performed and billed but not collected at June 30, and (2) $100 of gasoline expense was incurred but not pald. (List Items that Increase owner's equity first) WILDHORSE DESIGNS CO. Owner's Equity Statement $ e Textbook and Media

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