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Please correct those answers The trial balance of Bridgeport Fashion Center contained the following accounts at November 30, the end of the company's fiscal year.
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The trial balance of Bridgeport Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. BRIDGEPORT FASHION CENTER Trial Balance November 30, 2022 Debit Credit Cash $ 21,400 Accounts Receivable 28,300 Inventory 45,900 Supplies 6,100 Equipment 135,000 Accumulated Depreciation Equipment $ 29,000 Notes Payable 51,000 Accounts Payable 59,600 Owner's Capital 88,000 Owner's Drawings 10,500 Sales Revenue 755,600 Sales Returns and Allowances 8,800 Cost of Goods Sold 497,200 Salaries and Wages Expense 139,600 Advertising Expense 24,400 Utilities Expense 13,800 Maintenance and Repairs Expense 11,600 Freight-out 16,600 Rent Expense 24,000 Totals $983,200 $983,200 Adjustment data: 1. Supplies on hand totaled $2,000. 2. Depreciation is $11,500 on the equipment. Question 1 of 1 1.121 Advertising Expense 24,400 Utilities Expense 13,800 Maintenance and Repairs Expense 11,600 Freight-out 16,600 Rent Expense 24,000 Totals $983,200 $983,200 Adjustment data: 1. Supplies on hand totaled $2,000. 2. Depreciation is $11,500 on the equipment. 3. Interest of $5,800 is accrued on notes payable at November 30. 4. Inventory actually on hand is $45,600. Liabilities and Owner's Equity Current Liabilities Notes Payable $ 25500 Accounts Payable 59600 Interest Payable 5800 Total Current Liabilities $ 9 Long-term Liabilities I DO Notes Payable 2 Total Liabilities 11 Owner's Equity as/ui/v2/assessment-player/index.html?launchid=e3beb6c4-4863-4d31-8718-590f5a381a94# able $ 25500 'ayable 59600 yable 5800 ant Liabilities $ 90900 iabilities able 25500 ities 116400 Jity apital 75400 ities and Owner's Equity v $ 191800 as/ui/v2/assessment-player/index.html?launchid=e3beb6c4-4863-4d31-8718-590f5a381a94#Step by Step Solution
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