Question: Exercise Saved Required information The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with
Exercise Saved Required information The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $72,000 (Transaction 1). Assets =Liab. Owner's Equity Accts. Accts. G. Sawyer, Capital +72,000 Supp Transaction Cash Rec. Equip. Pay. Rev. Exp. 1 +72,e00 8, 200 2 +8,200 3 +5,200 +5,200 4 +3,680 +3,680 5 -3,500 -3,50e 6 670 -670 -2,400 7 -2,400 -450 +450 58,120 4,530 450 11,880 3,680 69,600 Bal 5,200- 3,50e What was the net income or net loss for Sawyer Architecture Services for the month of June
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