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	11,750						11,750
Accounts Receivable	27,970						27,970
Supplies	2,960					2,490	470
Office Equipment	22,660						22,660
Accumulated Depreciation		3,100				1,480		4,580
Accounts Payable		7,550						7,550
Salaries Payable						360		360
Common Stock		9,400						9,400
Retained Earnings		19,130						19,130
Dividends	3,640						3,640
Fees Earned		52,740						52,740
Salary Expense	20,700			360			21,060
Supplies Expense				2,490			2,490
Depreciation Expense				1,480			1,480
Miscellaneous Expense	2,240						2,240
	91,920	91,920		4,330		4,330	93,760	93,760

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
		$

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
Total stockholders' equity
Total liabilities and stockholders' equity		$