(04) 11. The trial balance of Terry Manning Fashion Center contained the following accounts at November...
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(04) 11. The trial balance of Terry Manning Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. TERRY MANNING FASHION CENTER Trial Balance November 30, 2019. Cash Accounts Receivable Merchandise Inventory Store Supplies Delivery Equipment Accumulated Depreciation-Delivery Equipment Notes payable Accounts payable Terry Manning, Capital Terry Manning, Drawing Sales Sales Returns and Allowances Cost of Goods sold Salaries Expense Salesmen salary Utilities Expense Delivery Expense Rent Expense Totals Adiustment data: 1. Store supplies on hand totaled Tk. 2,500. 2. Depreciation is Tk. 14,000 on the delivery equipment. 3. Interest of Tk. 4,080 is accrued on notes payable at November 30. 4. Salary for the month of November is still unpaid Tk 5000. Instructions: Debit Tk. 28,700 Credit 30,700 44,700 6,200 1,33,000 28,000 51,000 48,500 1,10,000 12,000 7,55,200 8,800 4,97,400 1,40,000 24,400 26,100 16,700 24,000 Tk. 9,92,700 Tk.9,92,700 Prepare multiple step income statement and an owner's equity statement for the year, and a classified balance sheet as of November 30, 2019. Notes payable of Tk. 30,000 are due in January 2019. (04) 11. The trial balance of Terry Manning Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. TERRY MANNING FASHION CENTER Trial Balance November 30, 2019. Cash Accounts Receivable Merchandise Inventory Store Supplies Delivery Equipment Accumulated Depreciation-Delivery Equipment Notes payable Accounts payable Terry Manning, Capital Terry Manning, Drawing Sales Sales Returns and Allowances Cost of Goods sold Salaries Expense Salesmen salary Utilities Expense Delivery Expense Rent Expense Totals Adiustment data: 1. Store supplies on hand totaled Tk. 2,500. 2. Depreciation is Tk. 14,000 on the delivery equipment. 3. Interest of Tk. 4,080 is accrued on notes payable at November 30. 4. Salary for the month of November is still unpaid Tk 5000. Instructions: Debit Tk. 28,700 Credit 30,700 44,700 6,200 1,33,000 28,000 51,000 48,500 1,10,000 12,000 7,55,200 8,800 4,97,400 1,40,000 24,400 26,100 16,700 24,000 Tk. 9,92,700 Tk.9,92,700 Prepare multiple step income statement and an owner's equity statement for the year, and a classified balance sheet as of November 30, 2019. Notes payable of Tk. 30,000 are due in January 2019.
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