Financial statements from the end-of-period spreadsheet
Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-ofperiod 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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