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Exercise 2.8 Preparing an income statement. LO 2-4 At the beginning of September, Selena Cantu started Cantu Wealth Management Consulting, a firm that offers financial

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Exercise 2.8 Preparing an income statement. LO 2-4 At the beginning of September, Selena Cantu started Cantu 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 Selena Cantu, Capital, September 1, 2019 Fees Income Advertising Expense Salaries Expense Telephone Expense Withdrawals $ 67,80e 9,600 8,400 76,600 13,600 55,000 157,400 14,600 33,600 3,200 19,600

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