SETED TO EX 4-2 Classifying accounts OBJ. 1,2 Balances for each of the following accounts appear in an adjusted trial balance. Identify each as (a) asset, (b) liability, (c) revenue, or (d) expense. 1. Accounts Receivable 7. Rent Revenue 2. Equipment 8. Salary Expense 3. Fees Earned 9. Salary Payable 4. Insurance Expense 10. Supplies 5. Prepaid Advertising 11. Supplies Expense 6. Prepaid Rental lone 12. Unearned Rent 3 EX 4-3 Financial statements from the end-of-period spreadsheet OBJ. 1, 2 Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2016: A B EF G 1 Bamboo Consulting 2 End-of-Period Spreadsheet For the Year Ended July 31, 2016 4 Unadjusted Adjusted 5 Trial Balance Adjustments Trial Balance 6 Account Title Dr. Cr. Dr. Cr. Dr. Cr. 7 8 Cash 58,000 58,000 9 Accounts Receivable 106,200 106,200 10 Supplies 11,900 (a) 7,500 4,400 11 Office Equipment 515,000 515,000 12 Accumulated Depreciation 28,000 (b) 5,600 33,600 13 Accounts Payable 20,500 20,500 14 Salaries Payable (c) 2,500 2,500 15 Lisa Gooch, Capital 516,700 516,700 16 Lisa Gooch, Drawing 25,000 25,000 17 Fees Earned 348,500 348,500 18 Salary Expense 186,500 (c) 2,500 189,000 19 Supplies Expense (a) 7,500 7,500 20 Depreciation Expense (b) 5,600 5,600 21 Miscellaneous Expense 11,100 11,100 913,700 913,700 15,600 15,600 921,800 921,800 23 22 Based on the preceding spreadsheet, prepare an income statement, statement of owner's equity, and balance sheet for Bamboo Consulting