End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 2,000 2,000 Supplies Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 11,160 11,160 Dividends 1,000 1,000 Fees Earned 43,304 43,304 Wages Expense 21,489 21,489 Rent Expense 6,267 6,267 Depreciation Expense 5,708 5,708 Totals 77,464 77,464 33,464 43,304 44,000 34,160 Net Income (Loss) 9,840 9,840 43,304 43,304 44,000 44,000 The entry to close Dividends would be O a. debit Dividends, $33,464; credit Retained Earnings, $33,464