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Chapter 4 Completing the Accounting Cycle 217 2 3 Finders Investigative Services End-of-Period Spreadsheet For the Year Ended June 30,2019 Adjusted Trial Balance Dr 6

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Chapter 4 Completing the Accounting Cycle 217 2 3 Finders Investigative Services End-of-Period Spreadsheet For the Year Ended June 30,2019 Adjusted Trial Balance Dr 6 Account Title 8 Cash 9 Accounts Receivable 10 Supplies 11 Prepaid Insurance 28,000 69,600 4,600 2,500 439,500 13 Accumulated Depreciation-Building 14 Accounts Payable 15 Salaries Payable 16 Unearned Rent 44,200 11,700 3,000 2,000 373,800 17 Stacy Tanner, Capital 18 Stacy Tanner, Drawing 19 Service Fees 20 Rent Revenue 12,000 12,000 21 Salaries Expense 22 Rent Expense 23 Supplies Expense 24 Depreciation Expense-Building 25 Utilities Expense 26 Repairs Expense 27 Insurance Expense 28 Miscellianeous Expense 29 522,100 48,000 8,750 7,150 2,500 1164,700 1,164.700 Instructions 1. Prepare an inco me statement, a statement of owner's equity (no additional investments were made during the year), and a balance sheet. 2. Journalize the ent 3. If Stacy Tanner, tries that were required to close the accounts at June 30. Capital has instead decreased $30,000 after the closing entries were nd the withdrawals remained the same, what would have been the amount posted, a of net income or net loss? ting entries, financial statements, and

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