Please help me answer these spreadsheet questions with explanations as well! Thank you!

1st:

2nd:

Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash Accounts Receivable Supplies Equipment Accumulated Depr. Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Depreciation Expense Totals 16,000 6,000 2,000 19,000 16,000 6,000 2,000 19,000 6,000 10,000 2,000 5,000 4,846 6,000 10,000 2,000 5,000 4,846 1,000 1,000 47,335 47,335 20,167 5,414 S,600 75,181 20,167 5,414 5,600 31,181 75,181 47,335 44,000 27,846 19,000 19,000 Equipment Accumulated Depr. Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Depreciation Expense Totals Net Income (Loss) 6,000 10,000 2,000 5,000 4,846 6,000 10,000 2,000 5,000 4,846 1,000 1,000 47,335 47,335 20,167 5,414 5,600 75,181 20,167 5,414 5,600 31,181 16,15 47,335 75,181 33544,000 27,846 16,154 47,335 44,000 44,000 The entry to close Income Summary would be Odebit Income Summary, $16,154, credit Retained Earnings, $16,154 Odebit Income Summary, $15,154; credit Common Stock, $15,154 Odebit Common Stock, $31,181; credit Income Summary, $31,181 Odebit Common Stock, $9,846; credit Income Summary, $9,846