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	$	132,400
Accounts receivable		16,000
Office supplies		13,600
Office equipment		150,000
Accounts payable		22,800
Helen Rojas, Capital, September 1, 20X1		106,800
Fees income		311,600
Advertising expense		26,000
Salaries expense		64,000
Telephone expense		3,200
Withdrawals		36,000

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.

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