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1. The following selected accounts and that current balance appear in the ledger Sunville Co. For the fiscal year ended November 30, 2018: Account Payable

1. The following selected accounts and that current balance appear in the ledger Sunville Co. For the fiscal year ended November 30, 2018: Account Payable 32,400 Account Receivable 272,000 Accumulated Depreciation Office Equipment 12,960 Accumulated Depreciation Store Equipment 58,320 Advertising Expense 33,960 Cash 91,800 Depreciation Expense Office Equipment 10,800 Depreciation Expense Store Equipment 5,520 Freight-in 10,000 H. Rogers, Capital ? H. Rogers, Drawing 30,000 Insurance Expense 15,300 Interest Expense 1,200 Merchandise Inventory, November 30, 2017 120,000 Merchandise Inventory, November 30, 2018 271,000 Miscellaneous Administrative Expense 1,440 Miscellaneous Selling Expense 1,320 Notes Payable 36,000 Office Equipment 76,800 Office Salaries Expense 49,200 Office Supplies 3,120 Office Supplies Expense 1,080 Prepaid Insurance 8,160 Purchases 1,500,000 Purchase Discounts 15,000 Purchases Returns and Allowances 60,000 Rent Expense 26,580 Salaries Payable 2,400 Sales 2,000,000 Sales Discounts 13,200 Sales Returns and Allowances 25,200 Sales Salaries Exp. 252,000 Store Equipment 141,000 Required: 1. Prepare a trial balance 2. Prepare a multiple-step income statement 3. Prepare a Statement of owners equity 4. Prepare a Statement of financial position, assuming the current portion of the note payable is $3,000 5. Prepare closing entries 6. Prepare a post-closing trial balance

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