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Problem 1-03A a1-a3,b1-b2 On June 1, Margaret Moore started Carla Vista Designs Co., a company that provides craft opportunities, by investing $13,750cash in the business.

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Problem 1-03A a1-a3,b1-b2

On June 1, Margaret Moore started Carla Vista Designs Co., a company that provides craft opportunities, by investing $13,750cash 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$10,000Service Revenue$6,100Accounts Receivable2,800Advertising Expense600Supplies2,000Rent Expense1,400Equipment11,000Gasoline Expense200Notes Payable8,600Utilities Expense150Accounts Payable1,100

Margaret made no additional investment in June but withdrew $1,400in cash for personal use during the month. Please provide owners equity statement, income statement using the info provided

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Problem 1-03A a1-a3,b1-b2 On June 1, Margaret Moore started Carla Vista Designs Co., a company that provides craft opportunities, by investing $13,750 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 $10,000 Service Revenue $6,100 Accounts Receivable 2,800 Advertising Expense 600 Supplies 2,000 Rent Expense 1,400 Equipment 11,000 Gasoline Expense 200 Notes Payable 8,600 Utilities Expense 150 Accounts Payable 1,100 Margaret made no additional investment in June but withdrew $1,400 in cash for personal use during the month.\fPrepare an owner's equity statement for the month of June. ( List items that increase owner's equity first.) CARLA VISTA DESIGNS C0. Owner's Equity Statement LINK TO TEXT

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