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Problem 5-5A The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the company's fiscal year VALDEZ FASHION

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Problem 5-5A The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the company's fiscal year VALDEZ FASHION CENTER Trial Balance November 30, 2015 Credit Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings S 8,600 42,520 6,040 135,500 $27,940 51,000 40,420 53,790 41,430 13,080 755,800 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 8,790 497,200 139,500 24,240 13,800 11,630 16,630 23,620 Totals $970,380 $970,380

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