Question: Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 20Y9 Assets Current assets: blank Cash blank

Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 20Y9 Assets Current assets: blank Cash blank $Cash 9,720 Accounts receivable blank Accounts receivable 23,150 Supplies blank Supplies 390 Total current assets blank $fill in the blank 7c95b90a7013066_7 33,260 Property, plant, and equipment: blank Land blank $Land 20,140 blank Office equipment $Office equipment 18,980 blank Accumulated depreciation Accumulated depreciation 3,800 blank Book value-office equipment blank Book value-office equipment 15,180 blank Total property, plant, and equipment blank fill in the blank 7c95b90a7013066_16 35,320 Total assets blank $fill in the blank 7c95b90a7013066_17 68,580 Liabilities Current liabilities: blank Accounts payable blank $Accounts payable 6,250 Salaries payable blank Salaries payable 300 Total liabilities blank $fill in the blank 7c95b90a7013066_22 6,550 Stockholders' Equity Common stock blank $Common stock 7,800 Retained earnings blank Retained earnings 54,230 Total stockholders' equity blank fill in the blank 7c95b90a7013066_27 62,030 Total liabilities and stockholders' equity blank $fill in the blank 7c95b90a7013066_28 68,580

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