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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 for

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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 for the year ended August 31, 20Y During the year ended August 31, 2049, $15,000 of additional common stock was issued. Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Dr. Cr. Cr. Dr. Cr. Account Title Cash Accounts Receivable Supplies 182,500 234,500 27,600 775,000 400,000 22,600 182,500 234,500 5,000 775,000 400,000 Land Office Equipment 11,800 Accumulated Depreciation Accounts Payable 60,200 41,500 Salaries Payable 13,500 72,000 41,500 13,500 100,000 810,000 Common Stock 100,000 810,000 Retained Earnings Dividends 30,000 30,000 Fees Earned 1,480,000 1,480,000 Salary Expense 829,600 13,500 843,100 Check My Work Previous Next Book Du Show Me How cens Calculator Print Item Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. Account Title Cash Accounts Receivable Supplies 182,500 234,500 27,600 775,000 400,000 182,500 234,500 5,000 775,000 22,600 Land Office Equipment 400,000 Accumulated Depreciation Accounts Payable 11,800 60,200 41,500 Salaries Payable 72,000 41,500 13,500 100,000 13,500 Common Stock 100,000 810,000 Retained Earnings 810,000 Dividends 30,000 30,000 Fees Earned 1,480,000 1,480,000 Salary Expense 829,600 13,500 22,600 11,800 843, 100 22,600 Supplies Expense Depreciation Expense 11,800 Miscellaneous Expense 12,500 12,500 2,491,700 2,491,700 47,900 47,900 2,517,000 2,517,000 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting Demo Consulting Income Statement For the Year Ended August 31, 2019 or dividends were paid, enter that amount Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. If a net loss is incun as a negative number using a minus sign. If an amount box does not require an entry leave it blank. Demo Consulting Statement of Stockholders' Equity For the Year Ended August 31, 2049 Common Stock Retained Earnings Book Calculator Print Item Show Me How Demo Consulting Balance Sheet August 31, 2019 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Check My Work Previous N All work saved. Email Instructor Save and Buit Subm Assignment for

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