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Dr. Cr. Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 2049: During the year ended March 31, 2049, $3,400 of additional common stock was issued. Paoll Consulting End-of-Period Spreadsheet For the Year Ended March 31, 2049 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Cr. Dr. Cr. Dr. Cash 10,840 10,840 Accounts Receivable 25,820 25,820 Supplies 2,740 2,300 440 Land 22,210 22,210 Building 20,910 20,910 Accumulated Depreciation 2,870 1,370 4,240 Accounts Payable 6,970 6.970 Salaries Payable 340 340 Common Stock 8,700 3,700 Retained Earnings 17,640 17,640 Dividends 3,360 3,360 Fees Earned 71,390 71,390 Salary Expense 19.620 340 19,960 Supplies Expense 2,300 2.300 Depreciation Expense 1.370 1,370 Miscellaneous Expense 2,070 2,070 107,570 107,570 4,010 4,010 109,280 109,280 Based on the preceding spreadsheet prepare an income statement for Pl Consulting Paoli Con Based on the preceding spreadsheet, prepare a balance sheet for Paoll Consulting, Paoli Consulting Balance Sheet March 31, 2019 Assets Current assets Cash Accounts receivable 12,290 29,260 Supplies 500 42,050 Total current assets Property, plant, and equipment: Land Building Accumulated depreciation 24,870 23,410 4,800 Book value-Building 18,610 Total property, plant, and equipment 43,480 Total assets 85,530 Liabilities Current liabilities: Accounts payable Salaries payable Total liabilities 7.900 380 8,280 Stockholders' Equity Common stock 9.900 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity

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