*Problem 5-05A a-e The trial balance of Sarasota Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. SARASOTA FASHION CENTER Trial Balance November 30, 2020 Debit Credit Cash $ 20,000 Accounts Receivable 30,800 Inventory 44,900 Supplies 6,200 Equipment 133,000 Accumulated Depreciation-Equipment $ 27,000 Notes Payable 51,500 Accounts Payable 61,200 Owner's Capital 88,500 Owner's Drawings 13,500 Sales Revenue 755,400 Sales Returns and Allowances 8,700 Cost of Goods Sold 497,100 Salaries and Wages Expense 139,500 Advertising Expense 24,100 Utilities Expense 13,600 Maintenance and Repairs Expense 12,200 Freight-out 16,500 Rent Expense 23,500 Totals $983,600 $983,600 Adjustment data: 1. Supplies on hand totaled $2,250. 2. Depreciation is $11,400 on the equipment. 3. Interest of $5,950 is accrued on notes payable at November 30. 4. Inventory actually on hand is $44,600. SARASOTA FASHION CENTER Adjustments Income Statement Balance Sheet Cr. Trial Balance Dr. Cr. $20,000 30,800 44.900 Account Titles Cash Accounts Receivable Inventory Adj. Trial Balance Cr. $120000 30800 44600 s CE $0 130800 Goddol 300 X Supplies 6,200 ||4000 Equipment 133,000 1133000 Accum. Depreciation-Equipment 51500 51500 188500 Notes Payable Accounts Payable Owner's Capital Owner's Drawings Sales Revenue Sales Returns and Allowances 13,500 755400 8,700 Cost of Goods Sold 497,100 Salaries and Wages Expense 139.500 Advertising Expense 24,100 Cola el dddddled 100lt 110l1.eo.l. . oldida didid bodol [ciddi nadcidi ilidl.drowcello nadstidin dilli - Bolos del info till citodid Utilities Expense Maintenance and Repairs Expense Freight-Out Rent Expense Totals $983,600 Supplies Expense Depreciation Expense Interest Expense Interest Payable Totals Net Loss Totals