Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 48,000 48,000 Accounts Receivable 18,000 18,000 6,000 6,000 57,000 57,000 18,000 18,000 25,000 Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable C. Finley, Capital C. Finley, Drawing Fees Earned 25,000 6,000 33,000 6,000 33,000 3,000 1,000 155,000 Wages Expense 63,000 Rent Expense Depreciation Expense 155,000 63,000 27,000 15,000 237,000 237,000 27,000 15,000 105,000 155,000 132,000 82,000 FA AA All work saved. 6,000 6,000 57,000 57,000 18,000 18,000 25,000 25,000 6,000 6,000 Supplies Equipment Accumulated Depreciation Accounts Payable Wages Payable C. Finley, Capital C. Finley, Drawing Fees Earned Wages Expense Rent Expense Depreciation Expense 33,000 33,000 3,000 3,000 155,000 63,000 155,000 63,000 27000 15,000 237,000 237,000 27,000 15,000 105,000 155,000 132,000 82,000 Net income 50,000 50,000 155,000 155,000 132,000 132,000 The first closing entry would include a a. debit to C. Finley, Capital for $155,000 b. credit to C. Finley, Capital for $155,000 C. debit to C. Finley, Capital for $50,000 d. credit to C. Finley, Capital for $50,000 All work saved