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Assignment Main.do invokeretakoAssignmentSessionLocator Einprogress=false Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Income Statement Balance Sheet Adjusted Trial Balance Debit Credit Account Title

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Assignment Main.do invokeretakoAssignmentSessionLocator Einprogress=false Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Income Statement Balance Sheet Adjusted Trial Balance Debit Credit Account Title Debit Credit Debit Credit Cash Accounts Receivable 16,000 6,000 2,000 72,459 16,000 6,000 2,000 72,459 6,000 10,000 6,000 10,000 2,000 2,000 5,000 62,000 Supplies Equipment Accumulated Depr. Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Depreciation Expense Totals Net Income (Loss) 5,000 62,000 4,500 4,500 42,703 42,703 15,217 6,759 4,768 127,703 15,217 6,759 4,768 26,744 15,959 42,703 127,703 42,703 100,959 85,000 15,959 100,959 42,703 100,959 The entry to close Dividends would be Oa. debit Common Stock, $4,500; credit Retained Earnings, $4,500 Ob. debit Dividends. 54,500; credit Retained Earnings, 54,500 Oc debit Retained Earnings, $4,500, credit Common Stock, 54,500 Od debit Retained Earnings, $4,500, credit Dividends, $4,500

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