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Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cash Cr. 10,060 10,060 Accounts Receivable 23,950 23,950 Supplies 2,540 2,130 410 Land

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Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cash Cr. 10,060 10,060 Accounts Receivable 23,950 23,950 Supplies 2,540 2,130 410 Land 20,600 20,600 Office Equipment 19,400 19,400 Accumulated Depreciation 2,660 1,270 3,930 Accounts Payable 6,470 6,470 Salaries Payable 310 310 Common Stock 8,100 8,100 Retained Earnings 16,330 16,330 Dividends 3,110 3,110 Fees Earned 65,500 65,500 Salary Expense 17,480 310 17.790 Supplies Expense 2.130 2,130 Depreciation Expense 1,270 1,270 Miscellaneous Expense 1.920 1,920 99,060 99,060 3,710 3,710 100.640 100.640 Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2019, 53,200 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, 2049 Common Stock Retained Earnings Total 3.100 X 11.300 X O X Balances, September 1, 2018 Issued common stock Net income 3.2007 O 3.2007 07 42390 42.390 Dividends 3.1107 3.110 Balances, August 31, 2049 11 300 X

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