Exercise 2.10 (Algo) Preparing a statement of owner's equity and a balance sheet. LO 2-5 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 Accounts receivable Office supplies office equipment Accounts payable Helen Rojas, Capital, September 1, 20X1 Fees income Advertising expense Salaries expense Telephone expense Withdrawals $ 67,000 8,800 7,600 75,800 12,200 54,200 156,600 13,800 32,800 2,400 14,800 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting September 30, 20X1.

Exercise 2.10 (Algo) Preparing a statement of owner's equity and a balance sheet. LO 2-5 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 Accounts receivable Office supplies office equipment Accounts payable Helen Rojas, Capital, September 1, 20X1 Fees income Advertising expense Salaries expense Telephone expense Withdrawals $ 67,000 8,800 7,600 75,800 12,200 54,200 156,600 13,800 32,800 2,400 14,800 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting September 30, 20X1.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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