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, 20Y3: During the year ended April 30, 20Y3, common stock of $5,000 was issued. Account Title Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr. Adjustments Dr. Adjustments Cr. Adjusted Trial Balance Dr. Adjusted Trial Balance Cr. Cash 21,500 21,500 Accounts Receivable 51,150 51,150 Supplies 2,400 1,650 750 Office Equipment 32,000 32,000 Accumulated Depreciation 4,500 900 5,4
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, 20Y3:
During the year ended April 30, 20Y3, common stock of $5,000 was issued.
| Account Title | Unadjusted Trial Balance Dr. |
Unadjusted Trial Balance Cr. |
Adjustments Dr. |
Adjustments Cr. |
Adjusted Trial Balance Dr. |
Adjusted Trial Balance Cr. |
|---|---|---|---|---|---|---|
| Cash | 21,500 | 21,500 | ||||
| 51,150 | 51,150 | |||||
| Supplies | 2,400 | 1,650 | 750 | |||
| Office Equipment | 32,000 | 32,000 | ||||
| 4,500 | 900 | 5,400 | ||||
| Accounts Payable | 3,350 | 3,350 | ||||
| Salaries Payable | 2,000 | 2,000 | ||||
| Common Stock | 20,000 | 20,000 | ||||
| 52,200 | 52,200 | |||||
| Dividends | 10,000 | 10,000 | ||||
| Fees Earned | 279,000 | 279,000 | ||||
| Salary Expense | 240,000 | 2,000 | 242,000 | |||
| Supplies Expense | 1,650 | 1,650 | ||||
| Depreciation Expense | 900 | 900 | ||||
| Miscellaneous Expense | 2,000 | 2,000 | ||||
| Total | 359,050 | 359,050 | 4,550 | 4,550 | 361,950 | 361,950 |
Question Content Area
Based on the preceding spreadsheet, prepare an income statement for Triton Consulting.
Based on the preceding spreadsheet, prepare statement of
Based on the preceding spreadsheet, prepare a
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