Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Income Statement Balance Sheet Adjusted Trial Balance Debit Credit 48,000 Debit Credit Credit Debit 48.000 18,000 6.000 57,000 18,000 6.00 57.000 18,000 18.000 Account Title Cash Accounts Receivable Supplies Equipment Accumulated Depr. Accounts Payable Wages Payable Common Stock Retained Eamings Dividends 25,000 25,000 6,000 6,000 30,000 30,000 3.000 3,000 3,000 3,000 155,000 155,000 63,000 27,000 63,000 27,000 Fees Earned Wages Expense Rent Expense Depreciation Expense Totals Net Income Loss) 15,000 15,000 105,000 237,000 237,000 155,000 132,000 82,000 50.000 155,000 50.000 132,000 155,000 132,000 19. The ending balance of retained earnings is a. $53,000 b. $47,000 c. $3,000 d. $50,000 20. Which of the following accounts should be closed to Income Summary at the end of the fiscal year? a. Service Revenue b. Equipment c. Prepaid Insurance d. Unearned Rent Nr ever