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Financial Statements from the End-of-Period Spreadsheet Taser Consulting is a consulting firm owned and operated by Annamarie Phipps. The following end-of-period spreadsheet was prepared for
Financial Statements from the End-of-Period Spreadsheet Taser Consulting is a consulting firm owned and operated by Annamarie Phipps. The following end-of-period spreadsheet was prepared for the year ended October 31, 2018: Taser Consulting End-of-Period Spreadsheet For the Year Ended October 31, 2018 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 9,450 9,450 Accounts Receivable 22,490 22,490 Supplies 2,380 2,000 380 Office Equipment 18,440 18,440 Accumulated Depreciation 2,500 1,190 3,690 Accounts Payable 6,070 6,070 Salaries Payable 290 290 Common Stock 7,600 7,600 Retained Earnings 15,340 15,340 Dividends 2,920 2,920 Fees Earned 43,060 43,060 Salary Expense 17,090 290 17,380 Supplies Expense 2,000 2,000 Based on the preceding spreadsheet, prepare an income statement for Taser Consulting. Taser Consulting Income Statement For the Year Ended October 31, 2018 Expenses: Total expenses Accounting numeric field Based on the preceding spreadsheet, prepare a retained earnings statement for Taser Consulting. Taser Consulting Retained Earnings Statement For the Year Ended October 31, 2018 Based on the preceding spreadsheet, prepare a balance sheet for Taser Consulting. Taser Consulting Balance Sheet October 31, 2018 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Liabilities Current liabilities: Total liabilities $ Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
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