At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that...

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Accounting

At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that offers financial planning and advice about investing and managing money. On September 30, the accounting records of the business showed the following information.

Cash $ 66,600
Accounts receivable 8,400
Office supplies 7,200
Office equipment 75,400
Accounts payable 11,800
Helen Rojas, Capital, September 1, 20X1 53,800
Fees income 156,200
Advertising expense 13,400
Salaries expense 32,400
Telephone expense 2,000
Withdrawals 16,400

Required:

Prepare a statement of owners equity for the month of September and a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1.

Stmt of Owners Eqty

Balance Sheet

Prepare a statement of owners equity for the month of September 30, 20X1.

ROJAS WEALTH MANAGEMENT CONSULTING
Statement of Owners Equity
Month Ended September 30, 20X1
Accounts payable
0
$0

Prepare a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1.

ROJAS WEALTH MANAGEMENT CONSULTING
Balance Sheet
September 30, 20X1
Assets Liabilities
Owner's Equity
Total Assets $0 Total Liabilities and Owner's Equity $0

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