Bock Print tam Instructions Finders Investigative Services is an investigative services firm that is owned and operated by Stacy Tanner On June 30, 2043, the end of the fiscal year, the accountant for Finders Investigative Services prepared an end-o period spreadsheet, a part of which follows: Finders Investigative Servies End-of-Period Spreadsheet For the Year Ended June 30, 2013 Adjusted Trial Dance Account Title Dr. CH Cash 20.000 Account Receive 09.000 Supo 4,000 2.500 Pred on Building - 439,500 Acoume Decreation-Bulding- Mori Payatile 44.200 11.700 Ow My Wolar Che Western Previous Next > Email Instructor Save and Exit Submit Assignment for Grade eBook Print Item Instructions - Accounts Payable 11,700 - Salaries Payable 3,000 - Uneared Rent 2,000 Stacy Tanner, Capital -- 373,800 Stacy Tanner, Drawing - 12,000 Service Fees 718,000 - Rent Revenue 12.000 Salaries Expense 522,100 Rent Expense 48,000 Supplies Expense 10,800 Depreciation Expense-Building 8,750 Utilities Expense - 7,150 Repairs Expense 3,000 Insurance Expense 2 2,500 Miscellaneous Expense 6,200 1,164,700 1,164,700 Check My Work 3 more Check My Work uses remaining. OFW Rent Expense 48,000 10,800 Supplies Expense Depreciation Expense-Building 8.750 7.150 Utilities Expense Repairs Expense 3,000 Insurance Expense 2,500 Miscellaneous Expense - 6,200 - 1.164.700 1.164 700 Required: 1. Prepare an income statement, a statement of owner's equly (no additional investments were made during the year), and a balance sheet 2. Joumaise the entries that were required to close the accounts at June 30 3. # Stacy Tanner, Capital has instead decreased $30,000 after the closing entries were pobed, and the withdrawals remained the same, what would have been the amount of net income or net loss? "Be sure to read the instructions for each financial statement carefully Check My Work more Check My Work uses remaining Previous Chart of Accounts Finders Investigative Services General Ledger ASSETS REVENUE 11 Cash 41 Service Fees 42 Rent Revenue 12 Accounts Receivable EXPENSES 13 Supplies 14 Prepaid Insurance 16 Building 17 Accumulated Depreciation-Building LIABILITIES 21 Accounts Payable 22 Salaries Payable 51 Salaries Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense-Building 55 Utilities Expense 56 Repairs Expense 23 Uneamed Rent 57 Insurance Expense 59 Miscellaneous Expense EQUITY 31 Stacy Tanner, Capital 32 Stacy Tanner, Drawing 33 Income Summary Check My Work 3 more Check My Work uses remaining. Email Instructor S eBook Print Item Financial statements and closing entries Instructions Chart of Accounts Labels and Amount Descriptions Income Staten Labels and Amount Descriptions Labels Current assets Current liabilities Expenses For the Year Ended June 30, 20Y3 June 30, 2013 Property, plant, and equipment Revenues Amount Descriptions Decrease in owner's equity Increase in owner's equity Net Income Net loss Stacy Tanner, capital, July 1, 2042 Stacy Tanner, capital, June 30, 20Y3 Total assets Total current assets Total expenses Total liabilities Total liabilities and owner's equity Check My Work 3 more Check My Work uses remaining Decrease in owner's equity Increase in owner's equity Net income Net loss Stacy Tanner, capital, July 1, 20Y2 Stacy Tanner, capital, June 30, 20Y3 Total assets Total current assets Total expenses Total liabilities Total liabilities and owner's equity Total property, plant, and equipment Total revenues Withdrawals Check My Work 3 more Check My Work uses remaining. teae ilrntakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Print Item Financial statements and closing entries Instructions Chart of Accounts Labels and Amount Descriptions Income Statement Income Statement me Statement (Label) : (Label 2 5 4 Label 6 2 5 12 12 15 94 55 Check My Work 3 more Check My Work uses remaining. Latement of Owner's Equity Prepare a statement of owner's equity for the year ended June 30, 2013. No additional investments were made during the year. Be sure to completo the statement heading. Peter to the lat of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. For those boxes in which you must eniter subtracted or negative numbers use a minus sign Finders Investigative Services Statement of Owner's Equity (Label) 3 4 5 eBook Print Item Instructions Chart of Accounts Labels and Amount Descriptions Income Statement Balance Sheet Finders Investigative Services Balance Sheet (Label) + Assets 2 Label 3 6 2 16 11 Liabilides Check My Work 3 more CheckMy Works remaining, Email Instructo Balance Sheet 5 6 7 8 (Label) 9 10 11 12 13 Liabilities 14 (Label) 15 16 17 18 19 Owner's Equity 20 21 Check M.More2 mm gnment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Book Print Item Financial statements and closing entries Instructions Chart of Accounts Labels and Amount Descriptions Income Statement Joumal PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. REF DEBIT CREDIT ASSETS LIABILITIES DESCRIPTION Closing Entries EQUITY 1 2 3 4 I 5 7 . 51 12 11 14 Check My Work 3 more Check My Work uses remaining Previous Next Closing entries Instructions Chart of Accounts Labels and Amount Descriptions Income Statement Journal Final Question 3. Stacy Tanner, Capital has instead decreased $30,000 after the closing entries were posted, and the windrawals remained the same, what would have been the amount of mer hoome ar net losa? required, use the minus sign to indicate a ner loss. 15