Problem 3-4 The trial balance of Bellemy Fashion Center contained the following accounts at November 30, the end of the companys fiscal year.

BELLEMY FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2012
Debit	Credit
Cash	$33,660
Accounts Receivable	36,960
Inventory	48,260
Supplies	8,760
Equipment	139,520
Accumulated DepreciationEquipment	$27,400
Notes Payable	54,260
Accounts Payable	51,760
Common Stock	93,260
Retained Earnings	11,260
Sales Revenue	765,420
Sales Returns and Allowances	4,200
Cost of Goods Sold	495,400
Salaries and Wages Expense	138,660
Advertising Expense	28,100
Utilities Expenses	15,340
Maintenance and Repairs Expense	12,100
Freight-out	16,700
Rent Expense	25,700
$1,003,360	$1,003,360

Adjustment data:

1.	Supplies on hand totaled $4,760.
2.	Depreciation is $17,550on the equipment.
3.	Interest of $14,800is accrued on notes payable at November 30.

Other data:.

1.	Salaries expense is70% selling and30% administrative.
2.	Rent expense and utilities expense are80% selling and20% administrative.
3.	$30,000of notes payable are due for payment next year.
4.	Maintenance and repairs expense is 100% administrative.

(a)

	Your answer is correct.

Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
1.
2.
3.

Show List of Accounts

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(b)

	Your answer is partially correct. Try again.

Prepare an adjusted trial balance.

BELLEMY FASHION CENTER Adjusted Trial Balance November 30, 2012
Debit	Credit
	$	$
$	$