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:

Based on the preceding spreadsheet, prepare an income statement, statement of stockholders€™ equity, and balance sheet for Demo Consulting. During the year ended August 31, 20Y9, $15,000 of additional common stock was issued.

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A. Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 20Y9 Unadjusted Trial Balance Adjusted Trial Balance 4 Adjustments Dr. 6 Account Title Cг. Dr. Cr. Dr. Cr. 8 Cash 9 Accounts Rece ivable 10 Supplies 11 Land 12 Office Equipment 13 Accumulated Depreciation 14 Accounts Payable 15 Salaries Payable 16 Common Stock 17 Retained Earnings 18 Dividends 19 Fees Earned 20 Salary Expense 21 Supplies Expense 22 Depreciation Expense 23 Miscellaneous Expense 182,500 234,500 27,600| 775,000 400,000 182,500 234,500 5,000 775,000 400,000 22,600 11,800 72,000 41,500 13,500 100,000 810,000 60,200 41,500 13,500 100,000 810,000 30,000 | 1,480,000 829,600| 30,000 |1,480,000 13,500 22,600 11,800| 843,100 22,600 11,800 12,500 12,500 2.491.700 2.491.700 47,900 2,517.000 2.517.000 24 47,900 25