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Question 4 of 5 View Policies Show Attempt History < > 15/25 Current Attempt in Progress On June 1. Sandra Robinson started Oriole Designs
Question 4 of 5 View Policies Show Attempt History < > 15/25 Current Attempt in Progress On June 1. Sandra Robinson started Oriole Designs Co. a company that provides craft opportunities, by investing $12.990 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 $6,000 Accounts Receivable 3,500 Advertising Expense 400 Supplies 1,600 Rent Expense 1,600 Equipment 10,000 Gasoline Expense 220 Notes Payable 9.500 Utilities Expense 170 Accounts Payable 1,400 Sandra made no additional investment in June but withdrew $1,400 in cash for personal use during the month. (a1) Your answer is correct.
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