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use this information to prepare an october income statement for the business 643234

On October 1, Natalie King organized Real Solutions, a new consulting firm. On October 31, the company’s records show the following items and amounts. Use this information to prepare an October income statement for the business.

Cash

$ 2,000

Consulting fees earned

$ 3,360

Accounts receivable

13,000

Rent expense

15,000

Office supplies

4,250

Salaries expense

2,550

Land

36,000

Telephone expense

6,000

Office equipment

28,000

Miscellaneous expenses

660

Accounts payable

7,500

Consulting fees earned

680

Owner investments

74,000

Prepare an October 31 balance sheet for Real Solutions.

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