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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, 20Y3:
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, 20Y3: Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 20Y3 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 14,310 14,310 Accounts Receivable 34,080 34,080 Supplies 3,610 3,030 580 Office Equipment 27,600 27,600 Accumulated Depreciation 3,780 1,810 5,590 Accounts Payable 9,200 9,200 Salaries Payable 440 440 Common Stock 11,000 11,000 Retained Earnings 23,760 23,760 Dividends 4,430 4,430 Fees Earned 64,920 64,920 Salary Expense 25,900 440 26,340 3,030 3,030 Supplies Expense Depreciation Expense 1,810 1,810 Miscellaneous Expense 2,730 2,730 112,660 112,660 5,280 5,280 114,910 114,910 Based on the preceding spreadsheet, prepare an income statement for Triton Consulting. Triton Consulting Income Statement For the Year Ended April 30, 20Y3 Accounts receivable x x Expenses: Total expenses 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 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 2013 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
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