Journalizing and Posting

Book NOW Ordinating and from going Journaluring and Posting Transactions Annette Creighton opened Creighton Consulting on January 1. She rented a small office and paid a part time worker to answer the phone and make ever Acharter as follows Chart of Accounts Assets Revenues 401 Consulting Fees 101 Cash 142 Office Supplies 181 Office Equipment Liabilities 202 Accounts Payable Expenses 511 Wages Expense 512 Advertising Expense 521 Rent Expense 525 Phone Expense 526 Transportation Expense 533 les pense 549 Miscellaneous pense Owner's Equity 311 Annette Creighton, Capital 312 Annette Creighton, Drawing Creighton Consulting Trial Balance January 31, 20- Account Title Debit Credit Account No. Balance Balance Cash 101 10,021.00 Office Supplies Office Equipment 142 300.00 181 1,500.00 Accounts Payable 202 1,600.00 311 10,000.00 312 100.00 Annette Creighton, Capital Annette Creighton, Drawing Consulting Fees Wages Expense Advertising Expense Rent Expense 401 1,860.00 511 720.00 512 26.00 521 500.00 Phone Expense 525 42.00 Transportation Expense Utilities Expense 526 185.00 533 38.00 Miscellaneous Expense 549 28.00 13,460.00 13,460.00 Required: Required: 1. Prepare an income statement. Creighton Consulting Income Statement For Month Ended January 31, 20-- $ $ 2. Prepare a statement of owner's equity for the month of January. If an amount is zero, enter "0". Creighton Consulting Statement of Owner's Equity For Month Ended January 31, 20-- Total investment 3. Prepare a balance sheet as of January 31, 20- Creighton Consulting Balance Sheet January 31, 20- Assets Liabilities Owner's Equity Total assets Total liabilities & owner's equity Check My Work