Appendix: Financial Statements From an End-of-Period Spreadsheet

Alert Security Services Co. offers security services to business clients.

Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2016
		Adjusted Trial Balance							Income Statement			Balance Sheet
Account Title		Dr.			Cr.				Dr.	Cr.		Dr.	Cr.
Cash		12
Accounts Receivable		103
Supplies		4
Prepaid Insurance		2
Land		190
Equipment		50
Accum. Depr. - Equipment					7
Accounts Payable					36
Wages Payable					1
Common Stock					50
Retained Earnings					210
Dividends		8
Fees Earned					213
Wages Expense		111
Rent Expense		12
Insurance Expense		10
Utilities Expense		6
Supplies Expense		4
Depreciation Expense		3
Miscellaneous Expense		2
		517			517

Prepare an income statement for Alert Security Services Co.

Alert Security Services Co.
Income Statement
For the Year Ended October 31, 2016
		$
Expenses:
	$
Total expenses
		$

Prepare a retained earnings statement for Alert Security Services Co.

Alert Security Services Co.
Retained Earnings Statement
For the Year Ended October 31, 2016
		$
	$
		$

Prepare a balance sheet for Alert Security Services Co.

Alert Security Services Co.
Balance Sheet
October 31, 2016
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			$