Question 6 On June 1, Kimberly Young started Crane Designs Co., a company that provides craft opportunities, by investing $13,850 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 $7,200 Accounts Receivable 2,800 Advertising Expense 500 Supplies 2,500 Rent Expense 1,400 Equipment 11,000 Gasoline Expense 250 Notes Payable 9,000 Utilities Expense 200 Accounts Payable 1,100