Green Garden Company made $192,000 in net income during September 2017, its first month of business. It sold its services on credit and billed its customers $360,000 for September sales. The company collected $24,000 of these receivables in September. Company employees earned September wages (the companys only expense), but those are not paid until the first of October.

Complete the following financial statements for the end of September 2017.

Income Statement				Balance Sheet
Sales		$360,000		Cash		$
Wages expense		$336,000		Accounts receivable
Net Income		$192,000		Total assets		$
				Wages payable		$
				Retained earnings
				Total liabilities and equity		$