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Jenn Wadden, owner of Wadden Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for September 201X,

 

Jenn Wadden, owner of Wadden Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for September 201X, (b) a statement of owner's equity for September, and (c) a balance sheet as of September 30, 201X. Cash $2,500 Home Decorating Fees $2,400 Accounts Receivable 550 Advertising Expense 250 Decorating Equipment 725 Repair Expense 40 Accounts Payable 935 Travel Expense 750 J. Wadden, Capital, Sept. 1, 201X 2,675 Supplies Expense 95 J. Wadden, Withdrawals 800 Rent Expense 300

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