Pronghorn Fashion Center Trial Balance November 30, 2020 Debit Credit Cash 21,000 Accounts Receivable 28,300 Inventory 42.200 Supplies 6.200 133,000 29.000 52.000 Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Share Capital - Ordinary Retained Earnings Dividends 20.200 89,500 35,500 14,000 Sales Revenue 755,800 8.900 497,500 Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense 139.800 24,200 14.000 Utilities Expense Maintenance and Repairs Expense 12,200 Freight-Out 16.600 Rent Expense 24,100 Totals 982.000 982.000 50 Adjustment data: 1 2. Supplies on hand totaled 2,050, Depreciation is 11,500 on the equipment Interest of 21,000 is accrued on notes payable at November 30. Inventory actually on hand is 42.020. 3. 4 (a) Enter the trial balance on a worksheet, and complete the worksheet Trial Balance Adjustments Account Titles Dr. Cr. Dr. Cash 21,000 E E Accounts Receivable 28,300 Inventory 42.200 Supplies 6.200 Equipment 133,000 Accum. Depreciation-Equipment 29,000 Notes Payable 52.000 Accounts Payable 20,200 Share Capital-Ordinary Trial Balance Account Titles Dr. Cr. Dr. Cash 21,000 E m Accounts Receivable 28,300 Inventory 42,200 Supplies 6.200 Equipment 133,000 Accum. Depreciation-Equipment 29.000 Notes Payable 52.000 Accounts Payable 20.200 Share Capital - Ordinary 89.500 Retained Earnings 35.500 Dividends 14,000 Sales Revenue 755,800 Sales Returns and Allowances 8,900 Cost of Goods Sold 497,500 Salaries and Wages Expense 139.800