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, 20Y5:

	Bamboo Consulting
	End-of-Period Spreadsheet
	For the Year Ended July 31, 20Y5
	Unadjusted						Adjusted
	Trial Balance		Adjustments				Trial Balance
Account Title	Dr.	Cr.		Dr.		Cr.	Dr.	Cr.
Cash	11,340						11,340
Accounts Receivable	27,000						27,000
Supplies	2,860					(a) 2,400	460
Office Equipment	22,140						22,140
Accumulated Depreciation		3,000				(b) 1,430		4,430
Accounts Payable		7,290						7,290
Salaries Payable						(c) 350		350
Lisa Gooch, Capital		27,540						27,540
Lisa Gooch, Drawing	3,510						3,510
Fees Earned		51,430						51,430
Salary Expense	20,250			(c) 350			20,600
Supplies Expense				(a) 2,400			2,400
Depreciation Expense				(b) 1,430			1,430
Miscellaneous Expense	2,160						2,160
	89,260	89,260		4,180		4,180	91,040	91,040

Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting.

Bamboo Consulting Income Statement For the Year Ended July 31, 2015 Accounts receivable Cash Equipment Fees earned Supplies 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, 2015 Cash Net income Lisa Gooch, capital, July 31, 2015 Lisa Gooch, capital, August 1, 2014 Lisa Gooch, drawing 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, 2045 Accounts payable Cash Net income Office equipment Salaries payable Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting. Bamboo Consulting Balance Sheet July 31, 2045 Assets Current assets: Accounts payable Cash Fees earned Net income ets Proffice equipment quipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Owner's Equity Total liabilities and owner's equity Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting. Bamboo Consulting Balance Sheet July 31, 2015 Assets Current assets: Accounts payable Accounts receivablets Fees earned Proffice equipment uipment: Supplies expense Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Owner's Equity DO Total liabilities and owner's equity