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On June 1, Linda Williams started Cullumber Designs Co, a company that provides craft opportunities, by investing S 13,090 cash in the business. Following are
On June 1, Linda Williams started Cullumber Designs Co, a company that provides craft opportunities, by investing S 13,090 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and experses for the month of June. Cash $ 11,000 57400 Accounts Receivable 3.400 600 Supplies 2.000 Service Revenue Advertising Expense Rent Expense Gasoline Expense Utilities Expense 1,600 Equipment 11000 220 Notes Payable 9.500 170 Accounts Payable 1.100 Linda made no additional investment in June but withdrew $ 1.100 in cash for personal use during the month Income Salement
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