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eBook Show Me How Financial Statements from the End-of-Period Spreadsheet 8,720 Demo Consulting is a consulting firm owned and operated by Jesse Platt. The following

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eBook Show Me How Financial Statements from the End-of-Period Spreadsheet 8,720 Demo Consulting is a consulting firm owned and operated by Jesse Platt. The following end-of-period spreadsheet was prepared for the year ended August 31, 2019: Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Dr. Dr. Cr. Cash 8,720 Accounts Receivable 20,750 20,750 Supplies 2,200 1.850 Land 17,640 17.540 Officement 16,600 16,600 Accumulated Depreciation 2,300 1.100 Accounts Payable 5.600 5,600 Salaries Payable 270 270 Common Stock 7.000 7,000 Retained Earnings 14,170 14,170 Dividends 2,700 2,700 Previous Next > Check My Work Save and Submit Assignment for Grading MacBook Air 288 PE F * $ 4 % 5 1 0 6 7 8 9 R T Y U O P F L eBook Show Me How Calculator Fees Eamed 56,350 56,350 15,150 270 Salary Expense Supplies Expense Depreciation Expense Miscellaneous Expense 15,420 1,850 1.85 1,100 1,100 1.650 1,660 85,420 85,420 3,220 3,220 86,790 86,790 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting, Demo Consulting Income Statement For the Year Ended August 31, 2019 Expenses Accounts payable Cash Fees earned Sales payable Salary expense Previous Save and Subme Assignment for Grading MacBook Air 30 000 4 > F % 5 A 6 & 7 1 O 4 8 9 R T Y Y U I O F G H J L 525 Sat 2412 AM Bookmarks People Tal Window Help CengageNOW2 Online te eBook Show Me How Calculator Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2049, 52,800 of additional common stock 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 ir Deme Consulting Statement of Stockholders' Equity For the Year Ended August 31, 2019 Common Stock Retained Earnings Total Balances, September 1, 2018 Balance, August 31, 2019 Net Income Supplies Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting Demo Consulting Balance Sheet August 31, 2019 Current assets Previous Next Check My Work Save and Summet for Grading MacBook Air egg Dll 10 FS FB + $ 4 % 5 & 7 * ) 0 3 6 ON 8 T E R Y U I O F H . J L eBook Show Me How Calculator Calculator Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Labtes Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Check My Work Save and Ex 19 Otv MacBook Air 30 OOO 14 F3 4 FS FO A 3 $ 4 % 5 & 7 6 8

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