Depreciation Expense-Building 25 Utilities Expense 26 Repairs Expense 27 Insurance Expense 28 Miscellaneous Expense 8,750 7,150 3,000 2,500 1,164.700 1.164,700 Instructions 1. Prepare an income statement, a statement of owner's equity (no additional investments were made during the year), and a balance sheet. Answer + 2. Journalize the entries that were required to close the accounts at June 30. 3. If Stacy Tanner, Capital has instead decreased $30,000 after the closing entries were posted, and the withdrawals remained the same, what would have been the amount of net income or net loss? On to search Depreciation Expense-Building 25 Utilities Expense 26 Repairs Expense 27 Insurance Expense 28 Miscellaneous Expense 8,750 7,150 3,000 2,500 1,164.700 1.164,700 Instructions 1. Prepare an income statement, a statement of owner's equity (no additional investments were made during the year), and a balance sheet. Answer + 2. Journalize the entries that were required to close the accounts at June 30. 3. If Stacy Tanner, Capital has instead decreased $30,000 after the closing entries were posted, and the withdrawals remained the same, what would have been the amount of net income or net loss? On to search