Question: . TNo Spac... Heading 1 Heading 2 Title Subtitle Normal Paragraph . ZUT: Styles F G 1 2. 3 4 5 6 Account Title B
. TNo Spac... Heading 1 Heading 2 Title Subtitle Normal Paragraph . ZUT: Styles F G 1 2. 3 4 5 6 Account Title B D E Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2049 Unadjusted Trial Balance Adjustments Dr. CE Dr. Cr. Adjusted Trial Balance Dr. Cr. 182.500 234 500 27,600 775,000 400.000 80,200 41,500 8 Cash 9 Accounts Receivable 10 Supplies 11 Land 12 Ofice Equipment 13 Accumulated Depreciation 14 Accounts Payable 15 Salaris Payable 16 Common Stock 17 Retained Eamings 18 Dividends 19 Fees Earned 20 Salary Expense 21 Supplies Expense 22 Depreciation Expanse 23 Miscellaneous Expense 24 25 100,000 810,000 30,000 1.480.000 829,600 182,500 234 500 22,600 5.000 775.000 400,000 11,800 72,000 41 500 13.500 13,500 100.000 810,000 30.000 1.480,000 843,100 22.600 11800 12.500 4780251700025170 13.500 22.500 11,800 12.500 2491200 2.401.200 47.820 . 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, 2049, $15,000 of additional common stock was issued. EX 4-6 Income statement; net loss Obj. 2 The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January 31, 2017, the end of the fiscal year: Depreciation Expense $10,000 Service Revenue $634,900 Insurance Expense Supplies Expense 4,100 Miscellaneous Expense Utilities Expense 44,700 Rent Expense Wages Expense 548,200 Prepare an income statement Answer Check Figure: Net loss, S(49,250 9,000 8.150 60,000 i 912
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