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On June 1, Michelle Walker started Sandhill Designs Co., a company that provides craft opportunities, by investing $14,390 cash in the business. Following are the
On June 1, Michelle Walker started Sandhill Designs Co., a company that provides craft opportunities, by investing $14,390 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 $6,200 Accounts Receivable 3,100 Advertising Expense 400 Supplies 1,900 Rent Expense 1,400 Equipment 11,000 Gasoline Expense 220 Notes Payable 8,600 Utilities Expense 170 Accounts Payable 1,100 SANDHILL DESIGNS CO. Owner's Equity Statement SA $
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