Business, 28.01.2022 06:20 med69

On June 1, Laura Hall started Wildhorse Designs Co., a company that provides craft opportunities, by investing $13,490 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 $6,100Accounts Receivable 3,400 Advertising Expense 500Supplies 2,000 Rent Expense 1,300Equipment 11,000 Gasoline Expense 220Notes Payable 8,900 Utilities Expense 170Accounts Payable 1,300Laura made no additional investment in June but withdrew $1,200 in cash for personal use during the month.

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On June 1, Laura Hall started Wildhorse Designs Co., a company that provides craft opportunities, by...

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