Credit INDIGO FASHION CENTER Trial Balance November 30, 2020 Debit Cash $ 20,900 Accounts Receivable 28,000 Inventory 43,600 Supplies 6,200 Equipment 136,000 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 12,000 Sales Revenue Sales Returns and Allowances 8,700 Cost of Goods Sold 497,000 Salaries and Wages Expense 139,900 Advertising Expense 24,200 Utilities Expense 13,600 Maintenance and Repairs Expense 12,000 Freight-out 16,500 Rent Expense 23,600 GOR2 200 $ 30,000 51,000 54,100 91,500 755,600 $982.200 Cost of Goods Sold 497,000 139,900 24,200 13,600 Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance and Repairs Expense Freight-out Rent Expense 12,000 16,500 23,600 $982,200 Totals $982,200 Adjustment data: 1. Supplies on hand totaled $2,100. 2. Depreciation is $11,450 on the equipment. 3. Interest of $5,650 is accrued on notes payable at November 30. 7. Inventory actually on hand is $43,300. CALCULATOR Worksheet Trial Balance Cr. Account Titles Adjustments Dr. Cr. Dr. Adj. Trial Balance Dr. Cr Cash $20,900 $ $ $ $ Accounts Receivable 28,000 Inventory 43,600 Supplies 6,200 Equipment 136,000 Accum. Depreciation-Equipment $30,000 Notes Payable 51,000 Accounts Payable 54,100 Owner's Capital 91,500 Owner's Drawings 12,000 Sales Revenue 755,600 Sales Returns and Allowances 8,700 Cost of Goods Sold 497,000 justments Adj. Trial Balance Dr. Cr. Income Statement Cr. Dr. Balance Sheet Dr. Cr. Cr. $ $ $ $ $ 125 PS Maintenance and Repairs Expense 12,000 Freight-Out 16,500 Rent Expense 23,600 Totals $982,200 $982,200 Supplies Expense Depreciation Expense Interest Expense Interest Payable Totals $ $ Net Loss Totals INDIGO FASHION CENTER Income Statement $ an owner's equity statement for the year. INDIGO FASHION CENTER Owner's Equity Statement $ $ classified balance sheet as of November 30, 2019. Notes payable of $21,000 are due in h classified balance sheet as of November 30, 2019. Notes payable of $21,000 are due in January 2020. INDIGO FASHION CENTER Balance Sheet Assets $ $ Liabilities and Owner's Equity ting entries. (Credit account titles are automatically indented when amount