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est #2 Chapters 3 & 4 Financial Statements from the End-of-Period Spreadsheet Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The

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est #2 Chapters 3 & 4 Financial Statements from the End-of-Period Spreadsheet 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. Cr. Cash 11,280 11,280 26,850 26,850 2,850 (a) 2,390 460 Accounts Receivable Supplies Office Equipment Accumulated Depreciation 22,020 22,020 2.980 1,420 4,400 7,250 Accounts Payable 7,250 Salaries Payable 350 350 27,390 27,390 3.490 3,490 Lisa Gooch, Capital Lisa Gooch, Drawing Fees Earned Salary Expense 50,620 50,620 19,600 Supplies Expense 2,390 1,420 19,950 2,390 1,420 (b) Depreciation Expense Miscellaneous Expense 2,150 2,150 88,240 88,240 4,160 4,160 90,010 90,010 Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting. Bamboo Consulting Income Statement For the Year Ended July 31, 2019 Chapters 3 & 4 Calculator ased 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. Bamboo Consulting Balance Sheet July 31, 2019 Assets Current 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

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