Finders Investigative Services is an investigative services firm that is owned a

Question

Finders Investigative Services is an investigative services firm that is owned and operated by Stacy Tanner. On June 30, 2016, the end of the fiscal year, the accountant for Finders Investigative Services prepared an end-of-period spreadsheet, a part of which follows:

Finders Investigative Services End-of-Period Spreadsheet For the Year Ended June 30, 2016 ~ Adjusted Trial Balance Account Title ~ Dr. Cr. ~ Cash ~ 22,000 Accounts Receivable ~ 68,400 Supplies ~ 4,400 Prepaid Insurance ~ 2,500 Building ~ 433,500 Accumulated Depreciation-Building ~ 42,800 Accounts Payable ~ 11,400 Salaries Payable ~ 4,000 Unearned Rent ~ 2,000 Common Stock ~ 80,000 Retained Earnings ~ 293,400 Dividends ~ 11,700 Service Fees ~ 707,300 Rent Revenue ~ 11,700 Salaries Expense ~ 525,900 Rent Expense ~ 46,800 Supplies Expense ~ 11,000 Depreciation Expense-Building ~ 7,600 Utilities Expense ~ 7,600 Repairs Expense ~ 3,000 Insurance Expense ~ 2,000 Miscellaneous Expense ~ 6,200 ~ 1,152,600 1,152,600

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