Finley CompanyEnd-of-Period SpreadsheetFor the Year Ended December 31Adjusted Trial BalanceIncome StatementBalance SheetAccount 16,000 16,000Accounts Receivable6,000 6,000Supplies2,000 2,000Equipment19,000 19,000Accumulated Depr. 6,000 6,000Accounts Payable 10,000 10,000Wages Payable 2,000 2,000Common Stock 5,000 5,000Retained Earnings 11,640 11,640Dividends1,000 1,000Fees Earned 40,291 40,291 Wages Expense20,072 20,072 Rent Expense5,057 5,057 Depreciation Expense5,802 5,802 Totals74,93174,93130,93140,29144,00 034,640Net Income (Loss) 9,360 9,36040,29140,29144,00044,000The ending balance of retained earnings is:$16,640$0$9,360$20,000
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