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mentSesionLocatorinprogress=false ta Financial Statements from the End of Period Spreadsheet Elliptical Consulting is a consulting firm owned and operated by layson Meese. The following end-of-period

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mentSesionLocatorinprogress=false ta Financial Statements from the End of Period Spreadsheet Elliptical Consulting is a consulting firm owned and operated by layson Meese. The following end-of-period spreadsheet was prepared for the year ended June 30, ROYO. Elliptical Consulting End-of-Period Spreadsheet For the Year Ended June 30, 2016 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Dr. Cr. Dr. C. Cash 15,990 15,990 38,080 38,080 650 (0) 3,390 4,040 30,540 30,640 4,230 (b) 2,020 6.250 10,280 Accounts Receivable Supplies Office Equipment Accumulated Depreciation Accounts Payable Salanes Payable Jayson Neese, Capital Jayson Neese, Drawing Fees Earned Salary Expense 10,280 500 (c) 500 38,840 38.840 Dhe, 950 4,950 72.160 72,160 (c) 500 99,000 28,560 Supplies Expense Depreciation Expense Miscellaneous Expense (a) 3,390 (b) 2,020 3.300 2.020 3.050 3,050 125,510 125,510 5.910 5,910 128,030 128,0.30 Based on the preceding spreadsheet, prepare an income statement for Eliptical Consulting Elliptical Consulting Income Statement For the Year Ended June 30, 2016 Accounts receivable 38,00 Expenses Salary expense 29,060 Supplies expense 3.390 Depreciation expense 2020 Miscellaneous expense 1.050 Total expenses 39.520 560 Net income Based on the preceding spreadsheet, prepe a statement of owner's equity for Elliptical Consulting Elliptical Consulting Statement of Owner's Equity For the Year Ended June 30, 2016 For the Year Ended June 30, 2016 Jayson Neese, capital, July 1, 2015 Net income 560 38,840 I. Jayson Neese, capital, June 30, 2016. Based on the preceding spreadsheet, prepare a balance sheet for Elliptical Consulting. Elliptical Consulting Balance Sheet June 30, 2016 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment I) Total assets Liabilities Current liabilities: Total liabilities Owner's Equity Total liabilities and owner's equity 00

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