Question 4-week 2 a) Present, in journal form, the adjustments that would be made on July 31, 2015, the end of the fiscal year, for each of the following 1. The supplies inventory on August 1, 2014 was $9,850. supplies costing $22,800 were acquired during the year and charged to the supplies inventory. A count on July 31, 2015 indicated supplies on hand of $8,900. (5 points) 2. on April 30, a nine-month, 12% note for $24,000 was received from a customer. (5 points) 3. on May 31, $12,000 was collected in advance as rent for one year and a nominal account was credited. (5 points) b) Below is the trial balance of Bellemy Fashion Center as at year end, November 30, 2014: BELLEMY FASHION CENTER TRIAL BALANCE (30-Nov-14) Credit Debit $33,530 Cash 37,400 Accounts Receivable 48,700 Inventory 9,200 Supplies 140,400 Equipment $26,200 Accumulated Depreciation-Equipment 54,700 Notes Payable 52,200 Accounts Payable 93,700 Common Stock 11,700 Retained Earnings 665,700 Sales Revenue Sales Returns and Allowances 4,200 395,400 Cost of Goods Sold