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Please help Maria Sanchez began business as Sanchez Law Firm on November Prepare the income...

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Accounting

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Maria Sanchez began business as Sanchez Law Firm on November Prepare the income statement, statment of owner's equity, and balance sheet. a) Sanchez invested $15,000 cash and a law library valued at $6,000 in the firm. b) Purchased $7,500 of office equipment from Johnson Bros. on credit. c) Completed legal work for a client and received $1,500 cash in full payment. d) Paid Johnson Bros. $3,500 cash in partial settlement of the amount owed. e) Completed $4,000 of legal work for a client on credit. f) Sanchez withdrew $2,000 in cash. g) Received $2,500 cash as partial payment for the legal work completed for the client in (e). h) Paid $2,500 cash for the legal secretary's salary.

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