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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
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, 20Y3: Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Revenue and expense accounts flow into the income statement. Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Triton Consulting. During the year ended April 30, 20Y3, common stock of $5,000 was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Triton Consulting Balance Sheet April 30,20Y3 Assets Current assets: Accounts receivable 40,260 Supplies 90 Total current assets $5 Property, plant, and equipment: Office equipment $2,610 Accumulated depreciation 6,600 Total property, plant, and equipment 26,010 Liabilities Current liabilities: Accountspayable$V10,870 Salaries payable 520 Total liabilities $ 83,870 Retained eamings Total stockholders" equity 41,070 Total liabilities and stockholders' equity 52,460
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