Reference no: EM132440838

Question - The T account balances for the accounts of Rya's Planning Services as of January 31, 2019 are listed below.

Cash	$22,700
Accounts Receivable	18,700
Office Supplies	550
Equipment	21,000
Accounts Payable	9,590
Rya Page, Capital	29,700
Rya Page, Drawing	6,800
Planning Fees Income	37,500
Office Supplies Expense	380
Rent Expense	980
Salaries Expense	4,800
Utilities Expense	880

Required -

1. Prepare an income statement for the Rya's Planning Services for the month ended January 31, 2019.

2. Prepare a statement of owner's equity for Rya's Planning Services for the month ended January 31, 2019.

3. Prepare a balance sheet for Rya's Planning Services as of January 31, 2019.