Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Dr. Account Title Cr. Dr. Cr. Dr.

image text in transcribed
image text in transcribed
image text in transcribed
Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Dr. Account Title Cr. Dr. Cr. Dr. Cr. Cash 10,260 10,260 Accounts Receivable 24,430 24,430 2,590 (a) 2,170 420 19,790 19,790 2,710 (b) 1,290 4,000 Supplies Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable Lisa Gooch, Capital 6,600 6,600 (c) 320 320 24,920 24,920 Lisa Gooch, Drawing 3,180 3,180 Fees Earned 46,540 46,540 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 10,260 10,260 Accounts Receivable 24,430 24,430 2,590 (a) 2,170 420 Supplies Office Equipment Accumulated Depreciation 19,790 19,790 (b) 1,290 4,000 2,710 6,600 6,600 (c) 320 320 24,920 24,920 Accounts Payable Salaries Payable Lisa Gooch, Capital Lisa Gooch, Drawing Fees Earned Salary Expense 3,180 3,180 46,540 46,540 18,570 320 18,890 2,170 Supplies Expense 2,170 Depreciation Expense (b) 1,290 1,290 Miscellaneous Expense 1,950 1,950 80,770 80,770 3,780 3,780 82,380 82,380 Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting. Bamboo Consulting Income Statement For the Year Ended July 31, 2019 Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of owner's equity for Bamboo Consulting. Bamboo Consulting Statement of Owner's Equity For the Year Ended July 31, 2019

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Artificial Intelligence In Accounting Organisational And Ethical Implications

Authors: Othmar M. Lehner, Carina Knoll

1st Edition

1032055626, 9781032055626

More Books

Students also viewed these Accounting questions