Pharaoh productions limited

Adjusted Trial Balance

November 30, 2021

Debit. Credit

Cash. $141920

Account receivable. 7510580

Inventory. 2233500

Supplies. 36590

Prepaid rent. 13980

Equipment. 1391000

Accumulate depreciation- equipment credits $212190

Accounts payable. $3753630 income tax payable. 111230. Interest payable. 5770.

Salaries payable. 134910

Deferred revenue. 88550

Bank loan payable-non current. 1154000

Common shares. 567200

Retained earnings. 2414835

Divided declared. 108900

Sales. 21

Cost of goods sold. 12467810

Advertising expense. 469380

Freight out. 1032750

Office expense. 82370

Rent expense 167760

Salary expense. 3683510

Travel expense. 47700

Utilities expense. 61660

Interest expense. 77510

Income tax expense. 511210

$30212005 $302212005

Prepare a statement of cahnges in equity for the year ended december 31. no shares were issued in the period.