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CHECK FIGURES: 2. Total current assets $233,455, Total assets $985,455, Total current liabilities- $270,417 Golden Wedding Dress Company designs custom wedding dresses for brides

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CHECK FIGURES: 2. Total current assets $233,455, Total assets $985,455, Total current liabilities- $270,417 Golden Wedding Dress Company designs custom wedding dresses for brides to be. The person preparing the adjusting entries at yearend was unable to complete the adjustments due to illness. You have been given the following unadjusted trial balance along with some additional information for the December 31, 2023, year-end. Account 48 of 318> Accounts receivable Accum deprec, building... Accum deprec, equipment Advance sales Allowance for doubtful accounts Building Cash Equipment Estimated warranty liability Land Merchandise inventory Mortgage payable Nose payable Over operating expenses Sales Salaries & admin expense. Sales returns and allowances Sarah Golden, capital 581,000 111,000 347,000 231.000 600 445.000 3,000 49 000 4.700 13 DOU 72.500 230.188 163.000 LIN000 10000 50240 100 340232 INN PAD As 10934 319 Other information: 1. Assume all accounts have a normal balance. 2. 10% of the balance in the Advance Sales account is for wedding dresses to be made and delivered by Golden during 2024; the remaining 20% is from sales earned during 2021 3. Golden warranties its wedding dresses against defects and estimates its warranty hallity to be 1% of adjusted net sales 4. The 4%, 3-year note payable was issued on October 1, 202 interest is parable annually each September 30- 5. The mortgage is paid annually on the first stay of the next year. The next mortgage payment will be pund cuminsting of 59.207 interes and $24.672 principal for a total of $33. 6. Lincollectible accounts are estimated to be 1.5% of outstanding receivables 7. A physical count of the inventory showed a balance actually on hand of S631003 Par 812 8. Sarah promised her operations manager a year-end performance bonus of $3,475, which would be paid with her salary in January for high sales achieved this year." Required 1. Based on the information provided, journalize the adjusting entries at December 31, 2023 2. Prepare a classified balance sheet (round all values on the balance sheet sy whole number QSh

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