Question: i really need the income statement, statement owners equity, balance sheet, and impact of equity. Business transactions completed by Debble Hall during the month of






Business transactions completed by Debble Hall during the month of September are as follows. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. September 1 Hall invested $102,000 cash along with office equipment valued at $26,400 in a new sole proprietorship named CH Consulting. September 3 The company purchased land valued at $44,000 and a building valued at $161,400. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5 The company purchased $3,400 of office supplies on credit. September 7 Hall invested a personal automobile in the company. The automobile has a value of $19,300 and is to be used exclusively in the business. September 9 The company purchased $7,300 of additional office equipment on credit. September 11 The company paid $2,700 cash salary to an assistant. September 13 The company provided services to a client and collected $5,300 cash. September 15 The company paid $1,000 cash for this month's utilities. September 17 The company paid $3,400 cash to settle the account payable created on September 5. September 19 The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21 The company completed $6,600 of services for a client, who must pay within 30 days. September 23 The company paid $2,700 cash salary to an assistant. September 25 The company received $5,000 cash in partial payment on the receivable created on September 21. September 27 Hall withdrew $3,400 cash from the company for personal use. Statement Requirement General Journal General Ledger Income Trial Balance Balance Sheet Statement Owners Equity Impact on Equity Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of DH Consulting, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". Show less A View transaction list View journal entry worksheet No Date Account Title Debit Credit 1 September 01 Cash Office equipment D. Hall, Capital Requirement General Ledger > 102,000 20,400 128,400 September 1 Hall invested $102,000 cash along with office equipment valued at $26,400 in a new sole proprietorship named DH Consulting. September 3 The company purchased land valued at $44,000 and a building valued at $161,400. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5 The company purchased $3,400 of office supplies on credit. September 7 Hall invested a personal automobile in the company. The automobile has a value of $19,300 and is to be used exclusively in the business. September 9 The company purchased $7,3808 of additional office equipment on credit. September 11 The company paid $2,700 cash salary to an assistant. September 13 The company provided services to a client and collected $5,300 cash. September 15 The company paid $1,000 cash for this month's utilities. September 17 The company paid $3,400 cash to settle the account payable created on September 5. September 19 The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21 The company completed $6,600 of services for a client, who must pay within 30 days. September 23 The company paid $2,700 cash salary to an assistant. September 25 The company received $5,000 cash in partial payment on the receivable created on September 21. September 27 Hall withdrew $3,400 cash from the company for personal use. Requirement General Journal General Ledger Trial Balance Income Statement Statement Owners Equity Balance Sheet Impact on Equity Each journal entry is posted automatically to the general ledger. Think of the general ledger as sorting all of your journal entries by account title. Click on any of the individual amounts to return to the underlying journal entry. General Ledger Account Cash Office equipment Debit No. Credit Balance No. Balance Date September 01 1 September 01 26.400 Date September 01 1 September 01 No. Debit 102,000 D. Hall, Capital Debit Credit 128,400 102,000 Balance 0 128,400 Date September 01 1 September 01 Credit 0 26,400 September 1 Hall invested $102,000 cash along with office equipment valued at $26,400 in a new sole proprietorship named DH Consulting. September 3 The company purchased land valued at $44,eee and a building valued at $161,400. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5 The company purchased $3,400 of office supplies on credit. September 7 Hall invested a personal automobile in the company. The automobile has a value of $19,300 and is to be used exclusively in the business. September 9 The company purchased $7,300 of additional office equipment on credit. September 11 The company paid $2,700 cash salary to an assistant. September 13 The company provided services to a client and collected $5,300 cash. September 15 The company paid $1,000 cash for this month's utilities. September 17 The company paid $3,400 cash to settle the account payable created on September 5. September 19 The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21 The company completed $6,600 of services for a client, who must pay within 30 days. September 23 The company paid $2,700 cash salary to an assistant. September 25 The company received $5,000 cash in partial payment on the receivable created on September 21. September 27 Hall withdrew $3,400 cash from the company for personal use. Income Statement Requirement General Journal General Ledger Trial Balance Balance Sheet Impact on Equity Statement Owners Equity The trial balance is a listing of all account balances from the General Ledger as of a specific date. Click on any individual account balance to return to the General Ledger. The trial balance is only as accurate as the underlying journal entries. If the total debits do not equal the total credits, you there is journal entry that is out of balance. If you have an abnormal ending balance (indicated with brackets in the general ledger), you should review the journal entries that affected that account to ensure that the journal entries are correct. Show less A DH Consulting Trial Balance September 27, 2021 Account Title Debit Credit Cash Office equipment D. Hall, Capital Total $ 102,000 26,400 128,400 $ 128,400 128,400 September 1 Hall invested $102,000 cash along with office equipment valued at $26,409 in a new sole proprietorship named DH Consulting. September 3 The company purchased land valued at $44,000 and a building valued at $161,480. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5 The company purchased $3,400 of office supplies on credit. September 7 Hall invested a personal automobile in the company. The automobile has a value of $19,308 and is to be used exclusively in the business. September 9 The company purchased $7,300 of additional office equipment on credit. September 11 The company paid $2,700 cash salary to an assistant. September 13 The company provided services to a client and collected $5,300 cash. September 15 The company paid $1,000 cash for this month's utilities. September 17 The company paid $3,400 cash to settle the account payable created on September 5. September 19 The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21 The company completed $6,600 of services for a client, who must pay within 30 days. September 23 The company paid $2,700 cash salary to an assistant. September 25 The company received $5,000 cash in partial payment on the receivable created on September 21. September 27 Hall withdrew $3,400 cash from the company for personal use. General Requirement General Ledger Trial Balance Journal Income Statement Statement Owners Equity Balance Sheet Impact on Equity Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. DH Consulting Income Statement For Month Ended September 30 September 1 Hall invested $102,000 cash along with office equipment valued at $26,400 in a new sole proprietorship named DH Consulting. September 3 The company purchased land valued at $44,000 and a building valued at $161,488. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5 The company purchased $3,400 of office supplies on credit. September 7 Hall invested a personal automobile in the company. The automobile has a value of $19,300 and is to be used exclusively in the business. September 9 The company purchased $7,300 of additional office equipment on credit. September 11 The company paid $2,700 cash salary to an assistant. September 13 The company provided services to a client and collected $5,300 cash. September 15 The company paid $1,000 cash for this month's utilities. September 17 The company paid $3,400 cash to settle the account payable created on September 5. September 19 The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21 The company completed $6,600 of services for a client, who must pay within 30 days. September 23 The company paid $2,700 cash salary to an assistant.. September 25 The company received $5,000 cash in partial payment on the receivable created on September 21. September 27 Hall withdrew $3,400 cash from the company for personal use. Requirement General Journal General Ledger Trial Balance Income Statement Statement Owners Equity Balance Sheet Impact on Equity Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the owner's capital balance. DH Consulting Statement of Owner's Equity For Month Ended September 30 D. Hall, Capital, September 11 128,400 128,400 D. Hall, Capital, September 30 128,400 The onding capital balance is transferred to the 128,400 $ General General Statement Requirement Income Statement Owners Equity Trial Balance Balance Sheet Impact on Equity Journal Ledger Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate. DH Consulting Balance Sheet September 30 Total 128.400 Transaction September 1) Hall invested $102,000 cash along with office equipment valued at $26,400 in a new sole proprietorship named DH Consulting. September 3) The company purchased land valued at $44,000 and a building valued at $161,400. The purchase is paid with $31,400 cash and a long-term note payable for $174,000. September 5) The company purchased $3.400 of office supplies on credit. September 7) Hall invested a personal automobile in the company. The automobile has a value of $19,300 and is to be used exclusively in the business. September 9) The company purchased $7,300 of additional office equipment on credit. September 11) The company paid $2,700 cash salary to an assistant. September 13) The company provided services to a client and collected $5,300 cash. September 15) The company paid $1,000 cash for this month's utilities. September 17) The company paid $3,400 cash to settle the account payable created on September 5. September 19) The company purchased $20,900 of new office equipment by paying $20,900 cash. September 21) The company completed $6,600 of services for a client, who must pay within 30 days. September 23) The company paid $2,700 cash salary to an assistant. September 25) The company received $5,000 cash in partial payment on the receivable created on September 21. September 27) Hall withdrew $3,400 cash from the company for personal use. Total impact on equity Impact on Equity $ 0 0
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