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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
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, 2013, common stock of $3,000 was issued. Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 2013 Unadjusted Trial Balance Unadjusted Account Title Dr. Trial Balance Cr. Adjustments Adjustments Adjusted Trial Balance Adjusted Trial Balance Dr. Cr. Dr. Cr. Cash 12,850 12,850 Accounts Receivable 30,600 30,600 Supplies 3,240 2,720 520 Office Equipment 24,480 24,480 Accumulated Depreciation Accounts Payable 3,400 8,260 1,620 5,020 8,260 Salaries Payable 400 400 Common Stock 10,000 10,000 Retained Earnings 21,210 21,210 Dividends 3,900 3,980 Fees Earned 57,680 57,680 Salary EvonnAR 22.950 400 23.350 lary Expense upplies Expense Depreciation Expense Miscellaneous Expense 22,950 2,450 100,550 100,550 400 23,350 2,720 1,620 2,720 1,620 2,450 4,740 4,740 102,570 102,570 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 20Y3 Line Item Description Amount Amount Expenses: Total expenses 100 Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Triton Consulting. 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 Statement of Stockholders' Equity For the Year Ended April 30, 2013 Common Retained Stock Earnings Line Item Description Total Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 2013 Line Item Description Amount Amount Assets Current assets: Total current assets Total current assets Property, plant, and equipment: 100 00 000 Total property, plant, and equipment B Total assets Current liabilities: Liabilities Total liabilities I Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 00 00 100 0
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