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Finders Investigative Services is an investigative services firm that is owned and operated by Stacy Tanner. On June $30,20$Y$3,$ 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 $30,20$ Y$3$

$\backslash$table$[[$Accumulated Depreciation$-$Building,$,,42,800],[$Accounts Payable,$,,11,400],[$Salaries Payable,$,,3,800],[$Unearned Rent,$,,2,500],[$Stacy Tanner, Capital,$,,372,500],[$Stacy Tanner, Drawing,$,11,700,],[$Service Fees,$,,713,150],[$Rent Revenue,$,,11,700],[$Salaries Expense,$,524,000,],[$Rent Expense,$,46,800,],[$Supplies Expense,$,10,300,],[$Depreciation Expense$-$Building,$,7,300,],[$Utilities Expense,$,7,950,],[$Repairs Expense,$,3,500,],[$Insurance Expense,,$2,500,]]$

Journalize the entries that were required to close the accounts at June $30.*$

If Stacy Tanner, Capital has instead decreased $$30,000$ after the closing entries were posted, and the withdrawals remained

the same, what would have been the amount of net income or net loss?

$*$Be sure to read the instructions for each financial statement carefully.

Finders investigative Services is an investigative services firm that is owned and operated by Stac

the fiscal year, the accountant for Finders Investigative Services prepared an end$-$of$-$period spreac

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