Question: Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 20Y3 Line Item Description Amount Amount Assets
Based on the preceding spreadsheet, prepare a balance sheet for Triton Consulting. Triton Consulting Balance Sheet April 30, 20Y3 Line Item Description Amount Amount Assets Current assets: Cash $Cash 21,500 Accounts receivable Accounts receivable 51,150 Supplies Supplies 750 Total current assets $Total current assets 73,400 Property, plant, and equipment: Office equipment $Office equipment 32,000 Accumulated depreciation Accumulated depreciation 5,400 Total property, plant, and equipment Total property, plant, and equipment 26,600 Total assets $Total assets 100,000 Liabilities Current liabilities: Accounts payable $Accounts payable 3,350 Salaries payable Salaries payable 2,000 Total liabilities $Total liabilities 5,350 Stockholders' Equity Common stock $Common stock 20,000 Retained earnings Retained earnings Total stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity $Total liabilities and stockholders' equity
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