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Exercise 2.8 (Algo) Preparing an income statement. LO 2-4 At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that offers
Exercise 2.8 (Algo) Preparing an income statement. LO 2-4 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 $133, 800 17, 400 15, 000 151, 400 24, 200 108, 200 313, 000 27, 400 65, 400 4,600 37, 400 Prepare an income statement for the month of September 20X1. Prepare an income statement for the month of September 20X1. ROJAS WEALTH MANAGEMENT CONSULTING Income Statement Month Ended September 30, 20X1 Revenue Expenses Total expenses
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