Financial Statements and Closing Entries
The Gorman Group is a financial planning services firm owned and operated by Nicole Gorman. As of October Y the end of the fiscal year, the accountant for The Gorman Group prepared an endofperiod spreadsheet, part of which follows:
The Gorman Group
EndofPeriod Spreadsheet
For the Year Ended October Y
tableUnearned Rent,,Common Stock,,Retained Earnings,,DividendsService Fees,,Rent Revenue,,Salaries Expense,Depreciation ExpenseEquipment,Rent Expense,Supplies ExpeneUtilities Expense,Depreciation ExpenseBuildings,Repairs Expense,Insurance Expense,Miscellaneous Expense,
