Use this endofperiod spreadsheet to answer the question that follows.
Finley Company
EndofPeriod Spreadsheet
For the Year Ended December
tableAccount Title,Adjusted Trial Balance,Income Statement,Balance SheetDebitCredit,Debit,Credit,Debit,CreditCashAccounts Recelvable,SuppliesEquipmentAccumulated Depr.,,Accounts Payable,,Wages Payable,,Common Stock,,Retained Earnings,,DividendsFees Earned,,Wages Expense,Rent Expense,Depreciation Expense,tableNet Income,,,
The effect of closing revenues and expenses to Retained Earnings will be to:
Increase Resained Earnings by $
decricuse Relamed Farnitugs by $
