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On June 1. Mary Smith started Blossom Designs Co, a company that provides craft opportunities, by imesting $11.910 cash in the business. Following are the
On June 1. Mary Smith started Blossom Designs Co, a company that provides craft opportunities, by imesting $11.910 cash in the business. Following are the assets and abilities of the company at June 30 and the revenues and expenses for the month of June Cash $10.000 $6.000 Accounts Receivabla 2.800 400 Supplies 1.500 Service Revenue Advertising Expense Rang Expense Gasoline Expanse Utilities Expense 1.300 Equipment 10.000 180 Notes Payable 2.500 130 Accounts Payable 1000 Mary made no additional investment in June but withdrew $1 100 in cash for personal use during the month. Prepare a balance sheet at June 30, 2022 (List Assets in order of liquidity) BLOSSOM DESIGNS CO. Balance Sheet For the Year Ended June 30, 2022 Assets Liabilities and Owner's Equity
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