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prepare a post closing trial balance. Swifty Fashion Center. (Theres 10 accounts in case the screenshots dont show properly) The trial balance of Swifty Fashion
prepare a post closing trial balance. Swifty Fashion Center.
(Theres 10 accounts in case the screenshots dont show properly)
The trial balance of Swifty Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Owner's Capital Owner's Drawings Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance and Repairs Expense Freight-out Rent Expense Totals 91,500 13,000 755,600 8,800 497,500 139,600 24,000 13,900 11,600 16,700 24,000 $984,400 $984,400 Adjustment data: Adjustment data: 1. Supplies on hand totaled $2,100. 2. Depreciation is $11,300 on the equipment. 3. Interest of $5,100 is accrued on notes payable at November 30 . 4. Inventory actually on hand is $43,800. Prepare a post-closing trial balance. Totals $ $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 4 used SubmitStep by Step Solution
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