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lize the closihg enties Prepare a balance sheet as of December 4. Rased upon the end-of 5. Prepare a post-closing trial balance. 2. Prepare a retained earnings P 4-2A Financial statements and closing Foxy Investigative Services is an and 30: $185,800 Shirley Vickers. On November 30, 2018, the end of the risca yer the a 30: $185,800 v 1. Retained is an investigative services firm that is o hings, November Shirley Vickers. c nvestigative Services prepared an end-of-period spreadseet, a part of which fant f Foxy Investigative Services End-of-Period Spreadsheet For the Year Ended November 30, 2018 Adjusted Trial Balance 27,500 71,800 3,550 750 330,500 8 Cash 9 Accounts Receivable 10 Supplies 11 Prepaid Insurance 12 Building 13 Accumulated Depreciation-Bu 16,100 6,600 1,500 40,000 70,300 14 Accounts Payable 15 Salaries Payable 16 Unearned Rent 17 Common Stock 18 Retained Earnings 19 Dividends 20 Service Fees 21 Rent Revenue 30,000 675,500 9,000 22 Salaries Expense 435,000 55,000 11,850 10,000 8.800 4,250 3,000 11,100 23 Rent Expense Supplies Expense 25 Depecation Epense- Bulding 26 Utilities Expense 27 Repairs Expense 28 Insurance Expense 29 Miscellaneous Expense 30 1,003.100 1,003,100 Instructions 1. Prepare an income statement, a retained earnings statement, and a balance sheet. 2. Journalize the entries that were required to close the accounts at November 30. 3. If Retained Earnings had instead decreased $46,000 after the closing entries were pos and the dividends remained the same, what would have been the amount of net incom net loss