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Use the following end-of-period spreadsheet below to answer the question that follow. Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial
Use the following end-of-period spreadsheet below to answer the question that follow. 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 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies Equipment 2,000 2,000 19,000 19,000 Accumulated Depreciation 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 C. Finley, Capital 9,494 9,494 C. Finley, Drawing 1,000 1,000 Fees Earned 47,954 47,954 Wages Expense 21,462 21,462 Rent Expense 5,304 5,304 Depreciation Expense 4,6821 4,682 75,448 75,448 31,448 47,954 44,000 27,494 Net Income 16,506 16,506 47,954 47,954 44,000 44,000 The ending balance in C. Finley, Capital is a O $16,506 Ob. $9,494 Oc. $25,847 Od $25,000
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