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$10$

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Return to questionItem $3$

On November $1,2023,$ Jean Higgins started a wedding planning company, Extraordinary Studios. On November $30,2023,$ the company$$s records showed the following items.

Cash $ $18,000$

Accounts receivable $17,400$

Office supplies $5,400$

Automobiles $40,000$

Office equipment $25,570$

Accounts payable $7,900$

Owner$$s investments $88,000$

Owner$$s withdrawals $3,960$

Wedding consulting revenue $26,000$

Rent expense $2,750$

Salaries expense $6,400$

Telephone expense $1,720$

Utilities expenses $700$