Financial Statements from the End-of-Period Spreadsheet

Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 20Y9:

During the year ended March 31, 20Y9, $2,800 of additional common stock was issued.

Based on the preceding spreadsheet, prepare an income statement for Paoli Consulting. Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Paoli Consulting. 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. Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Paoli Consulting. 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. Based on the preceding spreadsheet, prepare a balance sheet for Paoli Consulting. Paoli Consulting Balance Sheet March 31, 20Y9 Line Item Description Amount Amount Amount Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity