Question: please help with this. Financial Statements from the End-of-Period Spreadsheet Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period
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Financial Statements from the End-of-Period Spreadsheet Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 2019: Bamboo Consulting End-of-Period Spreadsheet For the Year Ended July 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 11,760 11,760 Accounts Receivable 28,010 28,010 Supplies 2,970 (a) 2,490 480 Office Equipment 22,410 22,410 Accumulated Depreciation 3,110 b) 1,480 4,590 Accounts Payable 7,560 7,560 Salaries Payable (c) 360 360 Lisa Gooch, Capital 28,570 28,570 Lisa Gooch, Drawing 3,640 3,640 Fees Earne 53,080 53,080 Salary Expense 21,290 (C) 360 21,650 Supplies Expense (a) 2,490 2,490 Depreciation Expense "b) 1,480 1,480 Miscellaneous Expense 2,240 2,240 92,320 92,32 4,330 4,330 94,160 94,160 Based on the preceding spreadsheet, prepare an income statement for Bamboo Consulting. Based on the preceding spreadsheet, prepare a balance sheet for Bamboo Consulting. Bamboo Consulting Bamboo Consulting Income Statement Balance Sheet For the Year Ended July 31, 2019 July 31, 2019 $ Assets Expenses: Current assets: Total current assets 1000 Total expenses Property, plant, and equipment: Based on the preceding spreadsheet, prepare a statement of owner's equity for Bamboo Consulting. Total property, plant, and equipment Bamboo Consulting Total assets Statement of Owner's Equity For the Year Ended July 31, 2019 Liabilities Current liabilities: 4 Total liabilities Owner's Equity Total liabilities and owner's equity 100 0
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