PR 4-2A Financial statements and elosing entries Obi: 2,3 1. Fetained earnings, November Foxy Investigative Services is an invesigative services firm that is owned and eperated by Shirley Vickers. On November 30,20YA, the end of the fiscal year, the accountant for Fary Investigative 30: $185,800 Services prepared an end-of-period spreadsheet, a part of which follows Instructions 1. Frepare an income statement, a statemaent of stockholders equity, and a bulance sheet. 2 journalix the entries that were required to close the accounts a Nowernher 30, 20y8. No additional commin stork was iscaed during the year ended Nowemher 30, 2018. 3. If Eetained Farnings had instead decreased 546,000 aficr the climing treries were ponted, and the dividends fenained the same, what would have been the anceunt of net iacome of aet lass? Prob. 4-2A (MAN) 1. Stamping Plating Dept. Dept. Production department factory overhead totals. + Activity rate $ Production department rate per dlb 2. Automobile bumpers Stamping Department Plating Department Total factory overhead for bumpers Valve covers Stamping Department. Plating Department Total factory overhead for valve covers Wheels Stamping Department. Plating Department Total factory overhead for wheels PR 4-2A Financial statements and closing entries Obj. 2, 3 1. Retained earnings, November 30: $185,800 Foxy Investigative Services is an investigative services firm that is owned and operated by Shirley Vickers. On November 30,20Y8, the end of the fiscal year, the accountant for Foxy Investigative Services prepared an end-of-period spreadsheet, a part of which follows: Instructions 1. Prepare an income statement, a statement of stockholders' equity, and a balance sheet. 2. Journalize the entries that were required to close the accounts at November 30,20Y8. No additional common stock was issued during the year ended November 30,20Y8. 3. If Retained Earnings had instead decreased $46,000 after the closing entries were posted, and the dividends remained the same, what would have been the amount of net income or net loss? PR 4-2A Financial statements and elosing entries Obi: 2,3 1. Fetained earnings, November Foxy Investigative Services is an invesigative services firm that is owned and eperated by Shirley Vickers. On November 30,20YA, the end of the fiscal year, the accountant for Fary Investigative 30: $185,800 Services prepared an end-of-period spreadsheet, a part of which follows Instructions 1. Frepare an income statement, a statemaent of stockholders equity, and a bulance sheet. 2 journalix the entries that were required to close the accounts a Nowernher 30, 20y8. No additional commin stork was iscaed during the year ended Nowemher 30, 2018. 3. If Eetained Farnings had instead decreased 546,000 aficr the climing treries were ponted, and the dividends fenained the same, what would have been the anceunt of net iacome of aet lass? Prob. 4-2A (MAN) 1. Stamping Plating Dept. Dept. Production department factory overhead totals. + Activity rate $ Production department rate per dlb 2. Automobile bumpers Stamping Department Plating Department Total factory overhead for bumpers Valve covers Stamping Department. Plating Department Total factory overhead for valve covers Wheels Stamping Department. Plating Department Total factory overhead for wheels PR 4-2A Financial statements and closing entries Obj. 2, 3 1. Retained earnings, November 30: $185,800 Foxy Investigative Services is an investigative services firm that is owned and operated by Shirley Vickers. On November 30,20Y8, the end of the fiscal year, the accountant for Foxy Investigative Services prepared an end-of-period spreadsheet, a part of which follows: Instructions 1. Prepare an income statement, a statement of stockholders' equity, and a balance sheet. 2. Journalize the entries that were required to close the accounts at November 30,20Y8. No additional common stock was issued during the year ended November 30,20Y8. 3. If Retained Earnings had instead decreased $46,000 after the closing entries were posted, and the dividends remained the same, what would have been the amount of net income or net loss