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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
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: Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 20Y9 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 7,820 7,820 Accounts Receivable 18,610 18,610 < Supplies 1,970 1,660 310 Land 15,820 15,820 Office Equipment 14,890 14,890 Accumulated Depreciation 2,070 990 3,060 Accounts Payable Salaries Payable 5,020 5,020 240 240 Common Stock Retained Earnings Dividends Fees Earned 6,300 6,300 12,680 12,6801 2,420 51,090 2,420 51,090 eBook Dividends Fees Earned Salary Expense Supplies Expense Depreciation Expense Miscellaneous Expense Show Me How 2,420 2,420 51,090 51,090 14,140 240 14,380 1,660 1,660 990 990 1,490 1,490 77,160 77,160 2,890 2,890 78,390 78,390 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement. For the Year Ended August 31, 2019 < Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended eBook Show Me How Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2019, $2,500 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 sign. Demo Consulting Statement of Stockholders' Equity For the Year Ended August 31, 20Y9 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Current assets: Demo Consulting Balance Sheet August 31, 2019 Assets Current assets: Demo Consulting Balance Sheet August 31, 2019 Assets Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Current liabilities: Total liabilities Liabilities Q B Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity A
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