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Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2019:
Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2019: Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 8,980 8,980 Accounts Receivable 21,390 21,390 Supplies 2,270 (0) 1,900 370 Office Equipment 17,540 17,540 Accumulated Depreciation 2,370 (b) 1,130 3,500 Accounts Payable 5,780 5,780 Salaries Payable (c) 280 280 Lisa Gooch, Capital 21,820 21,820 Lisa Gooch, Drawing 2,780 2,780 Fees Earned 40,310 40,310 Salary Expense 15,610 Supplies Expense 93 (c) 280 15,890. (0) 1,900 1,900 Depreciation Expense (b) 1,130 1,130 Miscellaneous Expense 1,710 1,710 70,280 70,280 3,310 3,310 71,690 71,690 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 Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting.. Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting. Bamboo Consulting Balance Sheet Current assets: July 31, 2019 Assets Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Owner's Equity Total liabilities and owner's equity 00
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