On June 1, Susan Wilson started Sunland Designs Co., a company that provides craft opportunities, by investing $13,110cash 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

Service Revenue

$6,300Accounts Receivable

3,300

Advertising Expense

400Supplies

2,300

Rent Expense

1,600Equipment

10,000

Gasoline Expense

230Notes Payable

8,600

Utilities Expense

180Accounts Payable

1,400