Problem 5-05A a-e

The trial balance of Novak Fashion Center contained the following accounts at November 30, the end of the companys fiscal year.

NOVAK FASHION CENTER Trial Balance November 30, 2020
		Debit		Credit
Cash		$ 20,800
Accounts Receivable		30,500
Inventory		42,000
Supplies		6,000
Equipment		133,000
Accumulated DepreciationEquipment				$ 25,000
Notes Payable				52,000
Accounts Payable				57,100
Owners Capital				91,000
Owners Drawings		12,000
Sales Revenue				755,600
Sales Returns and Allowances		8,700
Cost of Goods Sold		497,400
Salaries and Wages Expense		139,800
Advertising Expense		24,300
Utilities Expense		13,800
Maintenance and Repairs Expense		11,800
Freight-out		16,600
Rent Expense		24,000
Totals		$980,700		$980,700

Adjustment data:

1.		Supplies on hand totaled $2,100.
2.		Depreciation is $11,500 on the equipment.
3.		Interest of $4,900 is accrued on notes payable at November 30.
4.		Inventory actually on hand is $41,700.

-PREPARE A MULTIPLE STEP INCOME STATEMENT FOR THE YEAR -PREPARE AN OWNER'S EQUITY STATEMENT FOR THE YEAR -PREPARE A CLASSIFIED BALANCE SHEET AS OF NOVEMBER 30,2019. NOTES PAYABLE OF $18,000 ARE DUE IN JANUARY 2020 -JOURNALIZE THE ADJUSTING ENTRIES -JOURNALIZE THE CLOSING ENTRIES -PREPARE A POST-CLOSING TRIAL BALANCE ---PLEASE HELP MEEE