ce Saved advice about investing and managing money. On September 30, the account

Question

ce Saved advice about investing and managing money. On September 30, the accounting records o information Cash Accounts Receivable Office Supplies Office Equipment Accounts Payable Selena Cantu, Capital, September 1, 2019 Fees Income Advertising Expense Salaries Expense Telephone Expense Withdrawals 66,200 8,000 6,800 75,000 11,400 53,400 155, 899 13,886 32,ee 1,60e 18,ee Required: Prepare a statement of owner's equity for the month of September and a balance sheet for of September 30, 2019 Complete this question by entering your answers in the tabs below. Stmt of Owners Eqty Balance Sheet Prepare a statement of owner's equity for the month of September 30, 2019 CANTU WEALTH MANAGEMENT CONSUL NG Statement of Owner's Equity Month Ended September 30, 2019

Explanation / Answer

Statement of owner's equity :

Net income = 155800-13000-32000-1600 = 109200

2) Balance sheet :

Salena cantu, capital september 1,2019 53400 Add: Net income 109200 Less; Withdrawal -18000 Salena cantu, capital september 30,2019 144600

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