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Financial Statements from the End-of-Period Spreadsheet Financial Statements from the End-of-Period Spreadsheet Triton Consulting is a consulting firm owned and operated by Jayson Neese. The

Financial Statements from the End-of-Period Spreadsheet

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Financial Statements from the End-of-Period Spreadsheet Triton Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepared for the year ended April 30, 2013: During the year ended April 30, 20Y3, common stock of $5,000 was issued. Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 20Y3 Unadjusted Trial Balance Dr. Cr. Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Account Title Cash 21,500 51,150 2,400 32,000 Accounts Receivable Supplies Office Equipment Accumulated Depreciation Accounts Payable 21,500 51,150 750 32,000 1,650 900 4,500 3,350 Salaries Payable 2,000 5,400 3,350 2,000 20,000 52,200 Common Stock Retained Earnings Dividends 20,000 52,200 10,000 10,000 Fees Earned 279,000 279,000 240,000 Salary Expense Supplies Expense Depreciation Expense Miscellaneous Expense 2,000 1,650 900 242,000 1,650 900 2,000 2,000 359,050 359,050 4,550 4,550 3 61,950 361,950 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 20Y3 Expenses: Total expenses Based on the preceding spreadsheet, prepare statement of stockholders' equity for Triton Consulting. If no entry is required, leave the amount box blank or "0". If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Triton Consulting Statement of Stockholders' Equity For the Year Ended April 30, 20Y3 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 20Y3 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity

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