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Walston Company provides consulting services. Here are the account totals for the month ended September 30, 2019. CASH ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT ACCOUNTS PAYABLE $185,500
Walston Company provides consulting services. Here are the account totals for the month ended September 30, 2019. CASH ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT ACCOUNTS PAYABLE $185,500 13,000 2,000 20,000 76,500 NOTES PAYABLE CAPITAL, SEPTEMBER 1 SALES COST OF GOODS SOLD OWNER DRAWINGS OPERATING EXPENSES $15,000 30,000 320,000 192,000 4,000 25,000 Using the data above, create an income statement, owner's equity statement and balance sheet. On the balance sheet, the assets must equal liabilities + owner's equity. Walston Company Income Statement For Month Ended 9/30/19 Walston Company Owner's Equity Statement For Month Ended 9/30/19 Walston Company Balance Sheet 2019/9/30 SALES COST OF GOODS SOLD GROSS PROFIT OPERATING EXPENSES NET INCOME 0 CAPITAL, 9/1/19 + NET INCOME FOR SEPTEMBER SUBTOTAL DRAWINGS CAPITAL, 9/30/19 CASH ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT TOTAL ASSETS ACCOUNTS PAYABLE NOTES PAYABLE TOTAL LIABILITIES WALSTON CAPITAL TOTAL LIAB & OE 0
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