Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the Year Ended April 30, 20Y3 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. 15,290 15,290 36,410 36,410

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
the Year Ended April 30, 20Y3 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. 15,290 15,290 36,410 36,410 3,860 3,240 620 29,130 29,130 4,040 1,930 5,970 9,830 9,830 470 470 12,000 Cash Accounts Receivable Supplies Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Fees Earned Salary Expense Supplies Expense Depreciation Expense Miscellaneous Expense 12,000 25,140 25,140 4,730 4,730 67,900 67.900 26,580 470 27,050 3,240 3,240 1,930 1,930 2,910 2,910 118,910 118,910 121,310 5,640 5,640 121,310 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 2013 Fees earned Expenses: Salary expense Supplies expense Depreciation expense Miscellaneous expense Total expenses Net income Carhart 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, leave it blank. If a net loss is incurred or dividends were paid, enter that amount sa 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 Issued common stock Net Income Dividends Balances, April 30, 20Y3V 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 dividendo Pa Assets Current assets: Cash Accounts receivable Supplies Total current assets Property, plant, and equipment: Office equipment Accumulated depreciation Total property, plant, and equipment Total assets Mabilities Current liabilities: Accounts payable Salaries payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Theory Practice And Techniques In Bookkeeping Accounting And Auditing

Authors: N/A,

1st Edition

1680947761, 978-1680947762

More Books

Students also viewed these Accounting questions

Question

Does it have at least one-inch margins?

Answered: 1 week ago

Question

Does it highlight your accomplishments rather than your duties?

Answered: 1 week ago