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1. The trial balance of Bellemy Fashion Center contained the following accounts at December 31, the end of the company's fiscal year. Accounts Title Debit

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1. The trial balance of Bellemy Fashion Center contained the following accounts at December 31, the end of the company's fiscal year. Accounts Title Debit (TK) Credit (TK) Common Stock 90.000 Cash 28,700 Accounts Receivable 33,700 Store Supplies 5.500 Store equipment 85,000 Share premium 10,000 Accumulated Depreciation Store Equipment 18,000 Delivery Equipment 48,000 Accumulated Depreciation Delivery Equipment 6000 Advertising Expense 26,400 Notes Payable 20 000 Merchandise Inventory 45,000 Notes Receivable 50,000 Tax payable 1.000 Prepaid Rent 5.400 Delivery Expense 16,700 Store Furniture 90,000 Rent Revenue 1.000 Retained Earnings 8.000 Prepaid Insurance 10,000 Sales Revenue 400.000 Telephone expense 1000 Dividend receivable 4200 Interest Expense 100,000 Accumulated Depreciation Store Furniture 31,000 Salaries Expense 140,000 Unearned Sales Revenue 8,500 Utilities Expense 15,000 Accounts payable 40.000 Repair Expense 12.100 Rent Expense 24,000 Mortgage loan 7.200 Reserve Fund 50.000 Rent Payable 50,000 740700 240.700 Instructions: Prepare- 1. Statement of changes in Profit and loss 2. Statement of changes in Equity 3. Statement of Financial Position

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