At the beginning of September, Jorge Rodriguez started Rodriguez 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 Accounts Receivable Office Supplies Office Equipment Accounts Payable Jorge Rodriguez, Capital, September 1, 20x1 Fees Income RODRIGUEZ WEALTH MANAGEMENT CONSULTING Income Statement Month Ended September 30, 20X1 Advertising Expense Salaries Expense Telephone Expense Withdrawals Prepare an income statement for the month of September 20X1. Revenue Accounts payable Fees income Expenses Advertising expense Telephone expense Jorge Rodriguez, Capital Salaries expense Supplies Total expenses $ 27,700 4,900 108,500 65,700 17,700 $ 134,100 17,700 15,300 $ $ 24,500 313,300 151,700 24,500 108,500 313,300 27,700 65,700 4,900 37,700 224,500 $ (513,300)

At the beginning of September, Jorge Rodriguez started Rodriguez 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 Accounts Receivable Office Supplies Office Equipment Accounts Payable Jorge Rodriguez, Capital, September 1, 20x1 Fees Income RODRIGUEZ WEALTH MANAGEMENT CONSULTING Income Statement Month Ended September 30, 20X1 Advertising Expense Salaries Expense Telephone Expense Withdrawals Prepare an income statement for the month of September 20X1. Revenue Accounts payable Fees income Expenses Advertising expense Telephone expense Jorge Rodriguez, Capital Salaries expense Supplies Total expenses $ 27,700 4,900 108,500 65,700 17,700 $ 134,100 17,700 15,300 $ $ 24,500 313,300 151,700 24,500 108,500 313,300 27,700 65,700 4,900 37,700 224,500 $ (513,300)

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section: Chapter Questions

Problem 1ANFS

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