Sunday, September 4, 2011

Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services

ACCOUNTING



Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services.



Cash………………………………….$21,500

Accounts Receivable………. 17,500

Office Supplies……………… … 500

Equipment…………………… …….15,000

Accounts Payable…………… . 9,750

Rya Page, Capital……………....28,200

Rya Page, Drawing……………… 5,000

Planning Fees Income……… …26,250

Office Supplies Expense……….. 200

Rent Expense……………………… … 800

Salaries Expense……………… …. 3,000

Utilities Expense……………… ….. 700



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