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Finders investigative Services is an investigative services firm that is owned and operated by Stacy Tanner On June 30, 2019, the end of the fiscal

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Finders investigative Services is an investigative services firm that is owned and operated by Stacy Tanner On June 30, 2019, the end of the fiscal year, the accountant for Finders investigative Services prepared an end-of-period spreadsheet, a part of which follows Finders Investigative Services End of Period Spreadsheet For the Year Ended June 30, 2019 Adjusted That Balance Account Title De . Cash 23,500 Accounts Receivable 68.400 Supplies 4,500 Prepaid insurance 2500 Prepaid Insurance 2,500 Building 432,000 Accumulated Depreciation-Building 44,200 Accounts Payable 2 11,100 Salaries Payable 2 3,300 Uneamed Rent 2 1,700 Stacy Tanner, Capital 372,400 Stacy Tanner, Drawing - 11,400 Service Fees 2 703,750 Rent Revenue 2 11,400 Salaries Expense 2 522,100 Rent Expense 45,600 Supplies Expense 10,800 matus Salaries Expense 522 100 Rent Expense 45,800 Supplies Expense 10,800 Depreciation Expense-Building 9,000 Utilities Expense 7.150 Repairs Expense - 2,700 Insurance Expense 2,500 Miscellaneous Expense 5,600 1.147.850 1.147 850 Required: 1 Prepare an income statement a statement of ownerseguity to addiona investimento www mede doing the year and a balance sheet 2 Journalize the entries that were required to close the accountan 30 Stacy Tanner Catalhas instead decreased $30,000 for me closing entries were posted and me withdraw med mesame, who would have. We amount of incomecento Finders Investigative Services Income Statement For the Year Ended June 30, 2019 1 (Label) 2 3 4 5 Label 6 7 3 Income Statement 4 5 (Label) 6 7 3 9 10 11 12 13 14 15 1. Prepare a statement or owner's equity for the year ended June 30, 2019 No additional investments were made during the year. For those boxes in subtracted or negative numbers use a minus sign Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the items Finders Investigative Services Statement of Owner's Equity (Label) 2 1 I Finders Investigative Services Balance Sheet (Label) 1 Assets 2 (Label) 3 4 5 6 7 Label) 9 10 Balance Sheet 9 10 11 12 13 Liabilities 14 (Label) 15 16 17 18 19 Owner's Equity 20 21 JOURNAL ACCOUNTING EQUATION DELIT ASSETS CREDIT LIABILITIES POST REE DATE DECUPTON EQUITY Closing Entries 2 3 I 10 11 Journal 2 11 Final Cuestion 3. If Stacy Tanner Capital has instead decreased 530,000 after the closing entries were posted, and the withdrawals remained the same, what would have been the amount of net income or net loss? Entora nel loss as a negative amount using a minus sign E 11 LITY

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