Question Content Area

Appendix 1: 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, 20Y3
		Adjusted Trial Balance							Income Statement			Balance Sheet
Account Title		Dr.			Cr.				Dr.	Cr.		Dr.	Cr.
Cash		511
Accounts Receivable		3,749
Supplies		170
Prepaid Insurance		128
Land		4,260
Equipment		1,704
Accum. Depr.-Equipment					341
Accounts Payable					1,534
Wages Payable					170
Common Stock					40
Retained Earnings					7,371
Dividends		341
Fees Earned					4,175
Wages Expense		1,022
Rent Expense		511
Insurance Expense		426
Utilities Expense		298
Supplies Expense		256
Depreciation Expense-Equip.		170
Miscellaneous Expense		85
		13,631			13,631

Question Content Area

Prepare an income statement for Alert Security Services Co.

Alert Security Services Co. Income Statement For the Year Ended October 31, 20Y3

Accounts receivableCashEquipmentFees earnedSupplies		$- Select -
Expenses:
Accounts payableCashOffice equipmentSalaries payableWages expense	$- Select -
Accounts payableCashOffice equipmentRent expenseSalaries payable	- Select -
Accounts payableCashInsurance expenseOffice equipmentSalaries payable	- Select -
Accounts payableCashOffice equipmentSalaries payableUtilities expense	- Select -
Accounts receivableDividendsFees earnedSuppliesSupplies expense	- Select -
Accumulated depreciation-equipmentDepreciation expense-equipmentFees earnedOffice equipmentSupplies	- Select -
Accounts payableAccumulated depreciation-equipmentCashCommon stockMiscellaneous expense	- Select -
Total expenses		fill in the blank bcf47e01305bf88_17
Net incomeNet loss		$- Select -

Question Content Area

Prepare a statement of stockholders equity for Alert Security Services Co. During the year ended October 31, 20Y3, common stock of $9 was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign.

Alert Security Services Co. Statement of Stockholders Equity For the Year Ended October 31, 20Y3

	Common Stock	Retained Earnings	Total
Accounts ReceivableBalances, November 1, 20Y2Balances, October 31, 20Y3Fees EarnedPrepaid Insurance	$- Select -	$- Select -	$- Select -
Accounts ReceivableBalances, November 1, 20Y2Balances, October 31, 20Y3Issued common stockPrepaid Insurance	- Select -	- Select -	- Select -
Accounts ReceivableBalances, November 1, 20Y2Balances, October 31, 20Y3Net incomeNet loss	- Select -	- Select -	- Select -
Accounts payableCashDividendsFees earnedPrepaid Insurance	- Select -	- Select -	- Select -
Balances, November 1, 20Y2Balances, October 31, 20Y3Issued common stockNet incomeNet loss	$- Select -	$- Select -	$- Select -

Question Content Area

Prepare a balance sheet for Alert Security Services Co.

Alert Security Services Co. Balance Sheet October 31, 20Y3

Assets
Current assets:
Accounts payableCashDividendsFees earnedOffice equipment		$- Select -
Accounts payableAccounts receivableFees earnedNet incomeSupplies expense		- Select -
Accounts payableCashCommon stockSuppliesSupplies expense		- Select -
Accounts payableCashCommon stockPrepaid insuranceSupplies expense		- Select -
Total current assets			$fill in the blank 17b684003fa7fe4_9
Property, plant, and equipment:
Accounts payableCommon stockDepreciation expense-equipmentLandSupplies		$- Select -
Accounts payableCommon stockDepreciation expense-equipmentEquipmentSupplies	$- Select -
Accounts payableAccumulated depreciation-equipmentDepreciation expense-equipmentDividendsLand	- Select -
Accounts payableBook value-equipmentDepreciation expense-equipmentDividendsLand		- Select -
Total property, plant, and equipment			fill in the blank 17b684003fa7fe4_18
Total assets			fill in the blank 17b684003fa7fe4_19
Liabilities
Current liabilities:
Accounts payableAccounts receivableDividendsNet incomeOffice equipment		$- Select -
CashFees earnedOffice equipmentSalary expenseWages payable		- Select -
Total liabilities			$fill in the blank 17b684003fa7fe4_24
Stockholders' Equity
Accounts payableCommon stockNet lossOffice equipmentSupplies		$- Select -
Accounts payableNet lossOffice equipmentRetained earningsSupplies		- Select -
Total stockholders' equity			fill in the blank 17b684003fa7fe4_29