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 Trial Balance Adjustments Adjusted Trial Balance Account Title Cr. De. Cr. Dr. Cash 58,100 58,100 Accounts Receivable 109,000 109,000 Supplies 11,100 (a) 6,800 4,300 Once Equipment 509,000 509,000 Acoumulated Depreciation 30,000 (D) 6,200 36,200 Accounts Payable 21,500 21,500 Salaries Payable (C) 3.000 3,000 Lisa Gooch, Capital 505,100 505,100 22.000 22.000 Lisa Gooch, Drawing Fees Eamed 348,100 348, 100 Salary Expense 183,400 (c) 3,000 186,400 Supplies Expense (a) 6,800 6.800 Depreciation Expense (b) 6,200 6,200 Miscellaneous Expense 12,100 12,100 904,700 904,700 16,000 16,000 913,900 913,900 Based on the preceding spreadsheet, prepare an income statement, statement of owner's equity, and balance sheet for Bamboo Consulting. Be sure to read the instructions for each financial statement carefully llel LULU CHART OF ACCOUNTS Bamboo Consulting General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable EXPENSES 13 Supplies 14 Office Equipment 15 Accumulated Depreciation 51 Salary Expense 52 Supplies Expense 53 Depreciation Expense 54 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable EQUITY 31 Lisa Gooch, Capital 32 Lisa Gooch, Drawing 33 Income Summary Labels and Amount Descriptions Labels Current assets Current liabilities Expenses For the Year Ended July 31, 2019 July 31, 2019 Property, plant, and equipment Revenues Amount Descriptions Decrease in owner's equity Increase in owner's equity Lisa Gooch, capital Lisa Gooch, capital, August 1, 2018 Lisa Gooch, capital, July 31, 2019 Net income Net loss Total assets Total current assets Total expenses Total liabilities Total liabilities and owner's equity Total property, plant, and equipment Income Statement Prepare an income statement for the year ended July 31, 2019 for Bamboo Consulting. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (.) on the income statement. Bamboo Consulting Income Statement (Label) 2 Label) Statement of Owner's Equity Prepare a statement of owner's equity for the year ended July 31, 2019 for Bamboo Consulting. No additional investments were made during the year. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items. Bamboo Consulting Statement of Owner's Equity Labell Balance Sheet Prepare a balance sheet as of July 31, 2019 for Bamboo Consulting Fixed assets must be entered in order according to account number. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons for the wordless on the balance sheet; they will automatically insert where necessary Bamboo Consulting Balance Sheet Liabilities 13 Label) Owner's Equity