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, 2045: Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2015 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr Dr. Cr. Dr. Cr. Cash 8,610 8,610 Accounts Receivable 20,490 20,490 2,170 (a) 1,820 350 Supplies Office Equipment 16,390 16,390 Accumulated Depreciation 2,270 (b) 1,090 3,360 Accounts Payable 5,530 5,530 Salaries Payable (c) 270 270 20,900 20,900 Lisa Gooch, Capital Lisa Gooch, Drawing 2,660 2,660 Fees Earned 38,220 38,220 14,960 (c) 270 15,230 Salary Expense Supplies Expense (a) 1,820 1,820 (b) 1,090 1,090 Depreciation Expense Miscellaneous Expense 1,640 1,640 66,920 66,920 3,180 3,180 68,280 68,280 Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting. 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 Lisa Gooch, capital, August 1, 2014 20,900 Net income Withdrawals Increase in owner's equity Lisa Gooch, capital, 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: Cash Accounts receivable Supplies Total current assets Property, plant, and equipment: Office equipment Less accumulated depreciation Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Total liabilities Owner's Equity Lisa Gooch, capital Total liabilities and owner's equity