On June 1, Michelle Sasse started Divine Creations Co., a company that provides craft

opportunities, by investing $15,200 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.

must be done in a Assets = Liability + Equity + R/E + [Revenue - Expenses] format

P1-3B On June 1, Michelle Sasse started Divine Creations Co., a company that provides craft opportunities, by investing $15,200 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. Michelle made no additional investment in June, but withdrew $1,300 in cash for personal use during the month