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 $ 67,600   Accounts Receivable   9,400   Office Supplies   8,200   Office Equipment   76,400   Accounts Payable   12,800   Selena Cantu, Capital, September 1, 2019   54,800   Fees Income   157,200   Advertising Expense   14,400   Salaries Expense   33,400   Telephone Expense   3,000   Withdrawals   12,400     Required: Prepare a statement of balance sheet 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 offers financial planning and advice about investing and managing money. On September 30, the accounting records of the business showed the following information. 

  
Cash $ 67,600  
Accounts Receivable   9,400  
Office Supplies   8,200  
Office Equipment   76,400  
Accounts Payable   12,800  
Selena Cantu, Capital, September 1, 2019   54,800  
Fees Income   157,200  
Advertising Expense   14,400  
Salaries Expense   33,400  
Telephone Expense   3,000  
Withdrawals   12,400  
 


Required:

Prepare a statement of balance sheet for the month of September and a balance sheet for Cantu Wealth Management Consulting as of September 30, 2019.

 

 

 
 
 
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