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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
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, 2015: Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2045 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 8,200 8,200 Accounts Receivable 19,520 19,520 Supplies 2,070 (a) 1,740 330 15,620 15,620 Office Equipment Accumulated Depreciation 2,170 (b) 1,030 3,200 Accounts Payable 5,270 5,270 Salaries Payable (c) 250 250 Lisa Gooch, Capital 19,910 19,910 Lisa Gooch, Drawing 2,540 2,540 Fees Earned 36,800 36,800 Salary Expense 14,640 (c) 250 14,890 Cinnliar Evnanca al 1 710 1 700 (a) 1,740 1,740 Supplies Expense Depreciation Expense (b) 1,030 1,030 Miscellaneous Expense 1,560 1,560 64,150 64,150 3,020 3,020 65,430 65,430 Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting. Bamboo Consulting Income Statement For the Year Ended July 31, 2045 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, 2045 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 Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting. Bamboo Consulting Balance Sheet July 31, 2015 Assets Current assets: mo Total current assets Property, plant, and equipment: Next July 31, 2045 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: 9 Total liabilities Owner's Equity do O Total liabilities and owner's equity
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