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how do I journalize the adjusting entries and create an adjusted trial balance. 21 Question 5 of 5 Credit TRIAL BALANCE NOVEMBER 30, 2020 Debit

image text in transcribedhow do I journalize the adjusting entries and create an adjusted trial balance.
image text in transcribed
21 Question 5 of 5 Credit TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,050 Accounts Receivable 36,910 Inventory 48,210 Supplies 8,710 Equipment 139,420 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,720 Advertising Expense 27.540 Utilities Expenses 15,280 Maintenance and Repairs Expense 12,100 Delivery Expense 16,700 Rent Expense 25.140 Totals $1,001,380 $26,280 54,210 51.710 93.210 11.210 764,760 $1,001,380 28 DU 80 F3 F2 F4 FS $ % & Maintenance and Repairs Expense Delivery Expense Rent Expense Totals 12,100 16,700 25,140 $1,001,380 $1,001,380 Adjustment data: 1. 2. Supplies on hand totaled $4,710. Depreciation is $16,710 on the equipment. Interest of $11,530 is accrued on notes payable at November 30. 3. Other data: 1. 2. Salaries expense is 70% selling and 30% administrative, Rent expense and utilities expenses are 80% selling and 20% administrative. $30,000 of notes payable are due for payment next year. Maintenance and repairs expense is 100% administrative. 3. 4

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