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Hvaihdoinwoker=&takeAss mentSession Locator &inprogress=false eBook Show Me How Calculator Printem 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: Triton Consulting End-of-Perlod Spreadsheet For the Year Ended April 30, 2013 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 14,390 34,270 14,390 34,270 3,630 3,050 580 28.100 28.100 3,80 1.820 5,620 9,250 9,250 450 450 Accounts Receivable Supplies Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Fees Earned Salary Expense Supplies Expense Depreciation Expense 11,000 11,000 23,960 23.960 4,460 4,460 65.280 65,280 65,280 25,700 450 26,150 3,050 1,820 3,050 1,820 Check My work more Check My Work uses remaining Previous Email Instructor Save and Ext Submit Assignment for Grading alural progress false eBook Show Me How Calculator Print item Depreciation Expense Miscellaneous Expense 1,820 1,820 2,740 113,290 2,740 115,560 113,290 5,320 5,320 115,560 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 20Y3 Fees earned 65,280 Expenses: Salary expense 26,150 Supplies expense 3,050 Depreciation expense 1,820 Miscellaneous expense 2,740 Total expenses 33,760 Net income 31.520 Feedback Check My Work 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, 203, common stock of $4,000 le 1 Show At A Tit hati ini Previous Check My Work Omore Check My Work uses remaining. Submit Assignment for Grading Save and Exit Emainstructor M.Booker&takeAssignmentSessionLocatorinprogress-false Book Show Me How Calculator Printem Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Triton Consulting. During the year ended April 30, 2013, common stock of $4,000 was issued. If an amount box does not require an entry, love it blank. If a net loss is incurred or dividends were paid, enter the amount as a negative number using minus sign. Triton Consulting Statement of Stockholders' Equity For the Year Ended April 30, 2013 Common Stock Retained Earnings Total Balances, May 1, 2012 23.960 23,960 x Net Income x Net Income 31.520 31,50 Dividends 4,460 4460 Balances, April 30, 2013 11,000 51.030 62,020 Feedback Check My Work The statement of stockholders' equity shows the beginning balances of common stock and retained earnings. The common stock balance will be increased by any stock issued during the period, and retained earnings will be increased by any net income and decreased by any net losses and dividends Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting Triton Consulting Balance Sheet April 30, 2013 Assets Previous Chad My Work Omore Check My Work uses remaining Email Instructor Save and Ex Submit Assignment for Grading What'd a doo eBook Show Me How Calculator Print tem 49,140 Total current assets Property, plant, and equipment: office equipment 25,100 Accumulated depreciation Total property, plant, and equipment 22.480 Total assets 71,720 Liabilities Current liabilities: Accounts payable Salaries payable 9.250 450 Total liabilities 9,700 Stockholders' Equity 11.000 Common stock Retained earnings 11,000 X Total stockholders' equity 20,700 X Total liabilities and stockholders' equity Feedback Check My Work Assets (including contra-assets, like Accumulated Depreciation), liabilities, and the retained earnings account flow into the balance sheet.
