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nart of Accounts Labels and Amount Descriptions Income Statement Instructions Findern Investigative Services is an investigative services firm that is owned and operated by Stacy

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nart of Accounts Labels and Amount Descriptions Income Statement Instructions Findern Investigative Services is an investigative services firm that is owned and operated by Stacy Tarner. On June 30, 2013, the end of the local 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, 2043 Adjusted Trial Balance Account Title Dr. CE 22 Instructions Adjusted Trial Balance Account Title ? Dr. Cr. Cash 23,000 Accounts Receivable - 68,000 Supplies 4,500 Prepaid Insurance 2,500 Building 444,000 Accumulated Depreciation-Building 45,000 Labels and Amount Descriptions Income Statement Instructions Accounts Payable 11,200 Salaries Payable 2,900 Uneamed Rent 1,500 Stacy Tanner, Capital 372,900 Stacy Tanner, Drawing 11,500 Service Fees 716,250 Rent Revenue 11,500 Salaries Expense 525,000 Rent Expense 46,000 martOT ACCOUnts Labels and Amount Descriptions Income Statem Instructions Supplies Expense 10,500 Depreciation Expense-Building 8,100 Utilities Expense 7,350 Repairs Expense 2,500 Insurance Expense 2,300 Miscellaneous Expense 6,000 1,161,250 1,161,250 Required: Required: 1. Prepare an income statement, a statement of owner's equity (no additional Investments were made during the year), and a balance sheet." 2. Journalize the entries that were required to close the accounts at June 30. 3. If Stacy Tanner, Capital has instead decreased $30,000 after the closing entries were posted, and the withdrawals romained the same, what would have been the amount of net income or net loss? "Be sure to read the instructions for each financial statement carefully

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