Adjustment data: 1. Supplies on hand totaled $4,830. 2. Depreciation is $16,800 on the equipment. 3. Interest of $11,360 is accrued on notes payable at November 30 . Other data: 1. Salaries expense is 70% selling and 30% administrative. 2. Rent expense and utilities expenses are 80% selling and 20% administrative. 3. $30,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. (a) Your answer has been saved. See score details after the due date. Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Prepare an adjusted trial belance. Selling expenses Salarles and Wages Expense \( \$ \longdiv { 9 6 9 9 2 } \) Advertlsing Expense Utilitles Expenses 2760012352 Dellvery Expense 16700 Rent Expense 20160 Supplles Expense Depreclatlon Expense Total Selling Expenses Administrative expenses Salarles and Wages Expense Utilitles Expenses Malntenance and Repalrs Expense Rent Expense Total Adminlstrative Expenses Total Operating Expenses Income from Operstlons Other Expenses and Losses Interest Expense Net Income/ (Loss) Prepare retained earnings statement for the year. Assets Current Assets Cash \( \$ \longdiv { 3 3 2 3 0 } \) Accounts Recelvable Inventory Supples 4830 Total Current A.ssets $ Property, Plant and Equlpment Equlpment Total Assets Liabilities and Stockholders' Equity Current Llablittles Accounts Payable \( \$ \longdiv { 5 1 8 3 0 } \) Interest Payable Total Current Llabillitles Long-term Llabilitles Notes Payable Total Llabllitles Stockholders' Equlty Common Stock Retalned Earnings Total Stockholders' Equlty Total Llabliltles and Stockholders' Equlty V Journalize the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entr! No 1. 2