\begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Account Title } & \multicolumn{2}{|c|}{ Trial Balance } & \multicolumn{2}{|c|}{ Adjustments } & \multicolumn{2}{|c|}{ Trial Balance } \\ \hline & Dr. & Cr. & Dr. & Cr. & Dr. & Cr. \\ \hline Cash & 182,500 & & & & 182,500 & \\ \hline Accounts Recelvable & 234,500 & & & & 234,500 & \\ \hline Supplies & 27,600 & & & 22,600 & 5,000 & \\ \hline Land & 775,000 & & & & 775,000 & \\ \hline Office Equipment & 400,000 & & & & 400,000 & \\ \hline Accumulated Depreciation & & 60,200 & & 11,800 & & 72,000 \\ \hline Accounts Payable & & 41,500 & & & & 41,500 \\ \hline Salaries Payable & & & & 13,500 & & 13,500 \\ \hline Common Stock & & 100,000 & & & & 100,000 \\ \hline Retained Earnings & & 810,000 & & & & 810,000 \\ \hline Dividends & 30,000 & & & & 30,000 & \\ \hline Fees Earned & & 1,480,000 & & & & 1,480,000 \\ \hline Salary Expense & 829,600 & & 13,500 & & 843,100 & \\ \hline Supplies Expense & & & 22,600 & & 22,600 & \\ \hline Depreciation Expense & & & 11,800 & & 11,800 & \\ \hline Miscelianeous Expense & 12,500 & & & & 12,500 & \\ \hline & 2,491,700 & 2,491,700 & 47,900 & 47,900 & 2,517,000 & 2,517,000 \\ \hline \end{tabular} Based on the preceding spreadsheet, prepare an income statement for Demo Consulting, Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank. Financial statements from the end-of-period spreadsheet Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-of-period spreadsheet was prepared for the year ended August 31, 20Y9: During the year ended August 31, 20Y9, $15,000 of additional common stock was issued. Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total assets thabilitices Total llabilities Stockholders' Equity, Total stockholders' equity Total liabilities and stockholders' equity Check My Work Previous Next Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting