1 answer

Triton Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet...

Question:

Triton Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepar

Based on the preceding spreadsheet, prepare a retained earnings statement for Triton Consulting. Triton Consulting Retained E

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, 2018: Triton Consulting End-of-Period Spreadsheet For the Year Ended April 30, 2018 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Cr. Dr. Cr. Dr. 15,730 15,730 37,460 37,460 3,970 (a) 3,330 640 30,340 30,340 (b) 1,990 6,150 4,160 10,110 10,110 (0) 490 490 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 26,210 12,000 26,210 4,870 4,870 71,360 71,360 28,470 490 28,960 (c) (a) (b) 3,330 3,330 1,990 1,990 3,000 3,000 123,840 123,840 5,810 5,810 126,320 126,320
Based on the preceding spreadsheet, prepare a retained earnings statement for Triton Consulting. Triton Consulting Retained Earnings Statement For the Year Ended April 30, 2018 Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 2018 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

Answers

Requirement | Statement of Retained Earnings Triton Consulting Statement of Retained Earnings For the Year Ended April 30, 20- Common Stock - Retained Earnings Total Stockholders Equity Stockholders Equity $ $ 12,000 55,420 $ 67,420 Total Liabiliti

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