CALCULATOR PRINTER Problem 5-05A a, b1-b3, c-e (Part Level Submission) (Video) The trial balance of Larkspur, Inc. contained the following accounts at November 30, the end of the company's fiscal year. Larkspur, Inc. Trial Balance November 30, 2020 Debit Credit Cash $8,000 Accounts Receivable 29,800 Inventory 44,500 Supplies 6,100 Equipment 130,000 Accumulated Depreciation-Equipment $ 25,000 Notes Payable 51,500 Accounts Payable 39,200 Common Stock 55,000 Retained Earnings 40,000 Dividends 11,000 755,200 Sales Revenue Sales Returns and Allowances 9,000 497,500 Cost of Goods Sold 139,900 Salaries and Wages Expense 24,300 Advertising Expense 13.600 Utilities Expense Sales Returns and Allowances 9,000 Cost of Goods Sold 497,500 Salaries and Wages Expense 139,900 Advertising Expense 24,300 Utilities Expense 13,600 Maintenance and Repairs Expense 11,600 Freight-Out 16,800 Rent Expense 23,800 Totals $965,900 $965,900 Adjustment data: 1. Supplies on hand totaled $2,100. 2. Depreciation is $13,000 on the equipment. 3. Interest of $4,000 is accrued on notes payable at November 30. 4. Inventory actually on hand is $43,800. (a) Your answer is partially correct. Complete the worksheet. La CALCURATOR PRINTER VERSION 4BACK NEXTH For the Year Ended November 30, 2020 Account Titles Trial Balance Adjustments Adj. Trial Balance Income Statement Balar Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cash $8,000 8000 Accounts Receivable 29,800 2980C Inventory 44,500 700 45200 o Supplies 6,100 4000 2100 Equipment 130,000 130000 Accum. Depreciation-Equipment $25,000 13000 Notes Payable 51,500 Accounts Payable 39,200 Common Stock 55,000 1225 P4 Retained Earmings 4BACO NEXTH 40,000 ES Dividends 11,000 11000 Sales Revenue 755,200 755200 Sales Returns and Allowances 9,000 9000 Cost of Goods Sold 497,500 496800 700 Salaries and Wages Expense 139,900 139900 24300 Advertising Expense 24,300 Utlities Expense 13,600 13600 Maintenance and Repairs Expense 11600 11,600 16800 16,800 Freight-Out 23800 23,800 Rent Expense $965,900 $965,900 Totals 00 00 CALOULATOR PRINTER VERSIoN 4 BACK NEXT Freight-Out 16800 16,800 ES 23800 Rent Expense 23,800 $965,900 $965,900 Totals 4000 4000 Supplies Expense 13000 13000 Depreciation Expense 4000 4000 Interest Expense 4000 Interest Payable 755200 756800 21700 21700 Totals 1600 1600 Net Loss 756800 227700 756800 Totals Open Show Work Click if you would like to Show Work for this question: Larkspur, Inc. Balance Sheet ES Assets Liabilities and Stockholders' Equity S Liabilities and Stockholders' Equity ES $ Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT