DengageNow2 Online teaching and learning resource from Cangage Learning eBook Show Me How Demo Consulting is a consultin

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DengageNow2 Online teaching and learning resource from Cangage Learning eBook Show Me How Demo Consulting is a consultin

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DengageNow2 Online teaching and learning resource from Cangage Learning eBook Show Me How 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, 2019: Account Title 1 Cash Accounts Receivable Supplies Land Office Equipment Accumulated Deprecation Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Fees Earned Satary Expense Suppies Expense 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 12,310 12,310 29,310 29,310 3,110 2.610 500 25,500 25.500 24.030 24.030 3,250 1.550 4.800 7.910 7.910 360 380 1,900 9.900 20,000 20,000 3.10 . 61,630 1.630 22,20 30 22.60 2.610 2.630 Geywo PS Not >
eBook Show Me How Supplies Expense Depreciation Expense Miscellaneous Expense 2,610 2,610 1,550 1,550 2,340 2,340 122,690 122,690 4,540 4,540 124,620 124,620 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting Demo Consulting Income Statement For the Year Ended August 31, 2019 Feescared 10 Expenses: Salarynse 22.60 Souples experie Depreciation expense 150 Miscellaneous ✓ 2340 2610 Total expenses 29.10 Net income 52.470 Che W Feverve and expense accounts flow into the income statement Check My Work PREVIOUS Next > Ena பயாமை ENா காக Submit Anment for Grading
Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Deme Consulting. During the year ended August 31, 2019, $3,900 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 Balance September ed common stock 3.00 3,000 Nincome 40 33,470 conds - BOX Balonces, August 2009 3.0 x Check My W The statement of stockholders uity shows the beginning balances of common and retained earnings. The common stock Dance will be increased by any tecksued during the period, die will be noted by any net income and ease send dividere Based on the doors are the format Ouck My Won Pro
The statement of stockholders' equity shows the beginning balances of common stock and retained earnings. The common stock balance will be increased by any stock issued during the perlod, and retained earnings will be increased by any net income and decreased by any net losses and dividends. Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 2019 Assets Current assets: Cash 12.310 39,510 Accounts receivable Supplies 300 0,120 Total current assets Property, plant, and equipment: Land 210 Koment 24010 Accumulated depreciation ✓ Total property, plant, and equipment Total Check My Work Previous Next > All work save mart Submit Anment for de
Total assets Liabilities Current liabilities: Accounts payable 7.910 Salaries payable SMO Total liabilities 2.290 Stockholders' Equity 9.900 Common stock Retained earnings X Total stockholders' equity Total Habilities and stockholders' equity Foto Check My Wo Assets induding contra-assets like Accumulated Depreciation), abilities, and the Retained Earnings Account flow into the balance weet Check My W Partially correct Previous > Check My Work
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