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Question 1 of 1 < > View Policies -/20 EE Current Attempt in Progress On June 1, Susan Wilson started Sunland Designs Co., a

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Question 1 of 1 < > View Policies -/20 EE Current Attempt in Progress On June 1, Susan Wilson started Sunland Designs Co., a company that provides craft opportunities, by investing $13,110 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 $6,300 Accounts Receivable 3,300 Advertising Expense 400 Supplies 2,300 Rent Expense 1.600 Equipment 10,000 Gasoline Expense 230 Notes Payable Accounts Payable 8,600 1.400 Utilities Expense 180 Susan made no additional investment in June but withdrew $1.400 in cash for personal use during the month Prepare an income statement for the month of June. SUNLAND DESIGNS CO. Income Statement For the Month Ended Ame 30 2020 2 Revenues Service Revenue W S # 43 54 4 > % 55 The MacBook Pro 6

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