Financial statements from the end-of-period spreadsheet Obj. 1, 2 Triton Consulting is a consulting firm owned and
Question:
Financial statements from the end-of-period spreadsheet Obj. 1, 2 Triton Consulting is a consulting firm owned and operated by Jayson Neese. The following endof-
period spreadsheet was prepared for the year ended April 30, 20Y3:
Cash Accounts Receivable Supplies Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Fees Earned Salary Expense Supplies Expense Depreciation Expense Miscellaneous Expense 123456789 10 11 12 13 14 15 16 17 Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 20Y3 Unadjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr.
Adjusted 21,500 51,150 2,400 32,000 10,000 240,000 2,000 359,050 4,500 3,350 20,000 52,200 279,000 359,050 2,000 1,650 900 4,550 1,650 900 2,000 4,550 21,500 51,150 750 32,000 10,000 242,000 1,650 900 2,000 361,950 5,400 3,350 2,000 20,000 52,200 279,000 361,950 A B C D E F G 18 19 20 21 22 23 24 Based on the preceding spreadsheet, prepare an income statement, statement of stockholders’
equity, and balance sheet for Triton Consulting. During the year ended April 30, 20Y3, common stock of $5,000 was issued.
AppendixLO1
Step by Step Answer:
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones