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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
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 $ 67,600 9,400 8, 200 76, 400 12, 800 54, 800 157, 200 14, 400 33, 400 3,000 12,400 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1. 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, 20X1. ROJAS WEALTH MANAGEMENT CONSULTING Statement of Owner's Equity Month Ended September 30, 20X1 Stmt of Owners Eqty Balance Sheet Prepare a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1. ROJAS WEALTH MANAGEMENT CONSULTING Balance Sheet September 30, 20X1 Assets Liabilities Owner's Equity Total Assets Total Liabilities and Owner's Equity
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