Finley Company End-of-Period Spreadsheet Adjusted Trial Balance Income Statement Account Title Debit Credit Debit Credit Deb Cash 48,000 Accounts Receivable 18,000 Supplies 6,000 Equipment 57,000 Accumulated Depr. 18,000 Accounts Payable 25,000 Wages Payable 6,000 Common Stock 30,000 Retained Earnings 3,000 Dividends 3,000 Fees Earned 155,000 155,000 Wages Expense 63,000 63,000 Rent Expense 27,000 27,000 Depreciation Expense 15,000 15,000 Totals 237,000 237,000 105,000 155,000 Net Income (Loss) 50,000 155,000 155,000 1: The entry to close Expenses would be: Wagen Fran 62.000