Jody Williams, owner of Williams 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,
(c) A balance sheet as of September 30, 201X.

Transcribed Image Text:

Cash Accounts Receivable Decorating Equipment Accounts Payable J. Williams, Capital, Sept. 1, 201x J. Williams, Withdrawals $2,100 1,050 985 450 2,500 300 Home Decorating Fees Advertising Expense Repair Expense Travel Expense Supplies Expense Rent Expense $2,700 255 45 650 115 150