Business, 08.02.2021 19:10 meantwist

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 $66,200
Accounts Receivable 8,000
Office Supplies 6,800
Office Equipment 75,000
Accounts Payable 11,400
Selena Cantu, Capital, September 1, 2019 53,400
Fees Income 155,800
Advertising Expense 13,000
Salaries Expense 32,000
Telephone Expense 1,600
Withdrawals 18,000
Required:
Prepare a statement of owner’s equity for the month of September and a balance sheet for Cantu Wealth Management Consulting as of September 30, 2019.

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At the beginning of September, Selena Cantu started Cantu Wealth Management Consulting, a firm that...