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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, 20Y3: Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 20Y3 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 14,750 14,750 Accounts Receivable 35,120 35,120 Supplies 3,720 3,130 590 Office Equipment 28,800 28,800 Accumulated Depreciation 3,900 1,860 5,760 Accounts Payable 9,480 9,480 Salaries Payable 460 460 Common Stock 11,000 11,000 Retained Earnings Dividends Fees Earned 24,820 24,820 4,570 4,570 67,260 67,260 Salary Expense 26,690 460 27,150 Supplies Expense 3,130 3,130 Depreciation Expense 1,860 1,860 Miscellaneous Expense 2,810 2,810 116,460 116,460 5,450 5,450 118,780 118,780 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 2013 Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Triton Consulting. During the year ended April 30, 20Y3, common stock of $4,000 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 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 Current assets: Balance Sheet April 30, 2013 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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