help wit my assynment
Help me study for my Management class. Im stuck and dont understand.
On June 1, Tamara Eder started Crazy Creations Co., a company that provides craft opportunities, by investing $12,000 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 …………… $10,150 Accounts Receivable …….. 3,000 Supplies …………. 2,000 Equipment ………… 10,000 Notes Payable ………… 9,000 Accounts Payable ……… 1,200 Service Revenue ……….. $6,700 Advertising Expense …….. 500 Rent Expense ……….. 1,600 Gasoline Expense ……….. 200 Utilities Expense ………. 150 Tamara made no additional investment in June but withdrew $1,300 in cash for personal use during the month. Instructions (a) Prepare an income statement and owners equity statement for the month of June and a balance sheet at June 30, 2014. (b) Prepare an income statement and owners equity statement for June assuming the following data are not included above: (1) $900 of services were performed and billed but not collected at June 30, and (2) $150 of gasoline expense was incurred but not paid