Three Winds Consulting is a consulting firm owned and operated by Gabriel Brull. The following end-of-period spreadsheet was prepared for the year ended June 30, 2012.

Based on the preceding spreadsheet, prepare an income statement, retained earnings statement, and balance sheet for Three Winds Consulting.

Transcribed Image Text:

c|D | E Three Winds Consulting End-of-Period Spreadsheet A B F G 2 3 For the Year Ended June 30, 2012 Unadjusted Adjusted Adjustments Dr. Cr. Trial Balance Trial Balance 6 Account Title Dr. Cr. Dr. Cr. 7 8 Cash 9 Accounts Receivable 10 Supplies 11 Office Equipment 12 Accumulated Depreciation 13 Accounts Payable 14 Salaries Payable 15 Capital Stock 16 Retained Earnings 17 Dividends 18 Fees Earned 7,500 23,500 3,000 30,500 7,500 23,500 600 30,500 (a) 2,400 4,500 3,300 5,300 3,300 500 10,000 22,200 |(b) 800 |(c) 500 10,000 22,200 2,000 2,000 60,000 60,000 19 Salary Expense 20 Supplies Expense 21 Depreciation Expense 22 Miscellaneous Expense 32,000 (c) 500 |(a) 2,400 (b) 800 32,500 2,400 800 1,500 100,000 100,000 1,500 23 3,700 3,700 101,300 101,300