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 | $ | 133,400 | ||
| Accounts receivable | 17,000 | |||
| Office supplies | 14,600 | |||
| Office equipment | 151,000 | |||
| Accounts payable | 23,800 | |||
| Helen Rojas, Capital, September 1, 20X1 | 107,800 | |||
| Fees income | 312,600 | |||
| Advertising expense | 27,000 | |||
| Salaries expense | 65,000 | |||
| Telephone expense | 4,200 | |||
| Withdrawals | 37,000 | |||
Prepare an income statement for the month of September 20X1.
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