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Triton Consulting End - of - Period Spreadsheet For the Year Ended April 3 0 , 2 0 Y 3 Account Title Unadjusted Trial Balance

Triton Consulting
End-of-Period Spreadsheet
For the Year Ended April 30,20Y3
Account Title Unadjusted
Trial Balance
Dr. Unadjusted
Trial Balance
Cr. Adjustments
Dr. Adjustments
Cr. Adjusted
Trial Balance
Dr. Adjusted
Trial Balance
Cr.
Cash 15,33015,330
Accounts Receivable 36,51036,510
Supplies 3,8703,250620
Office Equipment 29,94029,940
Accumulated Depreciation 4,0501,9405,990
Accounts Payable 9,8609,860
Salaries Payable 470470
Common Stock 12,00012,000
Retained Earnings 25,24025,240
Dividends 4,7504,750
Fees Earned 68,82068,820
Salary Expense 26,65047027,120
Supplies Expense 3,2503,250
Depreciation Expense 1,9401,940
Miscellaneous Expense 2,9202,920
119,970119,9705,6605,660122,380122,380
Question Content Area
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
Expenses:
$Salary expense
Supplies expense
Depreciation expense
Miscellaneous expense
Total expenses fill in the blank 2e67b2f2dfe0fb2_11
$Net income
Feedback Area
Feedback
Revenue and expense accounts flow into the income statement.
Question Content Area
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
blank Common Stock Retained Earnings Total
$Balances, May 1,20Y2 $Balances, May 1,20Y2 $Balances, May 1,20Y2
Issued common stock Issued common stock Issued common stock
Net income Net income Net income
Dividends Dividends Dividends
$Balances, April 30,20Y3 $Balances, April 30,20Y3 $Balances, April 30,20Y3
Feedback Area
Feedback
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.
Question Content Area
Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting.
Triton Consulting
Balance Sheet
April 30,20Y3
Assets
Current assets:
$Cash
Accounts receivable
Supplies
Total current assets $fill in the blank f1fb210edfec076_7
Property, plant, and equipment:
$Office equipment
Depreciation expense
Total property, plant, and equipment fill in the blank f1fb210edfec076_12
Total assets $fill in the blank f1fb210edfec076_13
Liabilities
Current liabilities:
$Accounts payable
Salaries payable
Total liabilities $fill in the blank f1fb210edfec076_18
Stockholders' Equity
Common stock
Retained earnings
Total stockholders' equity fill in the blank f1fb210edfec076_23
Total liabilities and stockholders' equity fill in the blank f1fb210edfec076_24

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