he trial balance of Windsor Fashion Center, Ltd. contained the following accounts at November 30, the end of the companys fiscal year.

WINDSOR FASHION CENTER, LTD. Trial Balance November 30, 2017
		Debit		Credit
Cash		12,184
Accounts Receivable		31,184
Inventory		48,184
Supplies		6,200
Equipment		136,484
Accumulated DepreciationEquipment				23,000
Notes Payable				54,484
Accounts Payable				51,984
Share CapitalOrdinary				56,968
Retained Earnings				38,000
Dividends		8,000
Sales Revenue				758,684
Sales Returns and Allowances		12,800
Cost of Goods Sold		500,884
Salaries and Wages Expense		132,516
Advertising Expense		27,884
Utilities Expense		14,033
Maintenance and Repairs Expense		12,100
Freight-Out		16,700
Rent Expense		23,967
Totals		983,120		983,120

Adjustment data:

1.		Supplies on hand totaled 2,100.
2.		Depreciation is 11,500 on the equipment.
3.		Interest of 4,033 is accrued on notes payable at November 30.
4.		Inventory actually on hand is 48,004.

WINDSOR FASHION CENTER, LTD. Worksheet For the Year Ended November 30, 2017 Adj. Trial Balance Account Titles Income Statement Trial Balance Adjustments Dr. Dr. Cr. Cr. Dr. Dr. Cr. Cr. 12,184 Cash Accounts Receivable Inventory 31,184 48,184 Supplies 6,200 Equipment 136,484 Accum Depreciation 23,000 Equipment Notes 54,484 Payable Accounts Payable 51,984 Share Capital- 56,968 Ordinary Retained 38,000 Earnings Dividends 8,000 Sales 700 A WINDSOR FASHION CENTER, LTD. Post-Closing Trial Balance November 30, 2017 Debit Credit EI repare an income statement for the year. (Enter loss using either a negative sign preceding the number e.g. -45 or pa WINDSOR FASHION CENTER, LTD. Income Statement v Prepare a retained earnings statement for the year. WINDSOR FASHION CENTER, LTD. Retained Earnings Statement Prepare a classified statement of financial position as of November 30, 2017. Notes payable of 6,000 are due in January 2018 Prepare a classified statement of financial position as of November 30, 2017. Notes payable of 6,000 are due in January 2018 WINDSOR FASHION CENTER, LTD. Statement of Financial Position Assets Equity and Liabilities Equity and Liabilities El V E Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not No. Date Account Titles and Explanation Debit Credit Ninn Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 (To adjust supplies expense.) 2. Nov. 30 (To adjust depreciation on equipment.) 3. Nov. 30 (To adjust interest expense.) 4. Nov. 30 (To adjust merchandise inventory.) Journalize the closing entries. (Credit account titles are automatically indented when amount is entered. Do not in Date Account Titles and Explanation Debit Credit Nov. 30 (To close accounts with credit balances.) Nov. 30 (To close accounts with debit balances.) Nov. 30 WINDSOR FASHION CENTER, LTD. Worksheet For the Year Ended November 30, 2017 Adj. Trial Balance Account Titles Income Statement Trial Balance Adjustments Dr. Dr. Cr. Cr. Dr. Dr. Cr. Cr. 12,184 Cash Accounts Receivable Inventory 31,184 48,184 Supplies 6,200 Equipment 136,484 Accum Depreciation 23,000 Equipment Notes 54,484 Payable Accounts Payable 51,984 Share Capital- 56,968 Ordinary Retained 38,000 Earnings Dividends 8,000 Sales 700 A WINDSOR FASHION CENTER, LTD. Post-Closing Trial Balance November 30, 2017 Debit Credit EI repare an income statement for the year. (Enter loss using either a negative sign preceding the number e.g. -45 or pa WINDSOR FASHION CENTER, LTD. Income Statement v Prepare a retained earnings statement for the year. WINDSOR FASHION CENTER, LTD. Retained Earnings Statement Prepare a classified statement of financial position as of November 30, 2017. Notes payable of 6,000 are due in January 2018 Prepare a classified statement of financial position as of November 30, 2017. Notes payable of 6,000 are due in January 2018 WINDSOR FASHION CENTER, LTD. Statement of Financial Position Assets Equity and Liabilities Equity and Liabilities El V E Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not No. Date Account Titles and Explanation Debit Credit Ninn Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 (To adjust supplies expense.) 2. Nov. 30 (To adjust depreciation on equipment.) 3. Nov. 30 (To adjust interest expense.) 4. Nov. 30 (To adjust merchandise inventory.) Journalize the closing entries. (Credit account titles are automatically indented when amount is entered. Do not in Date Account Titles and Explanation Debit Credit Nov. 30 (To close accounts with credit balances.) Nov. 30 (To close accounts with debit balances.) Nov. 30