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SWEET FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017 Debit Credit Cash $32,870 Accounts Receivable 36,790 Inventory 48,090 Supplies 8,590 Equipment 139,180 Accumulated Depreciation-Equipment $26,160 Notes

SWEET FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017 Debit Credit Cash $32,870 Accounts Receivable 36,790 Inventory 48,090 Supplies 8,590 Equipment 139,180 Accumulated Depreciation-Equipment $26,160 Notes Payable 54,090 Accounts Payable 51,590 Common Stock 93,090 Retained Earnings 11,090 Sales Revenue 764,460 Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,880 Advertising Expense 27,480 Utilities Expenses 15,120 Maintenance and Repairs Expense 12,100 Delivery Expense 16,700 Rent Expense 25,080 Totals $1,000,480 $1,000,480 Adjustment data: 1. Supplies on hand totaled $4,590. 2. Depreciation is $16,620 on the equipment. 3. Interest of $10,260 is accrued on notes payable at November 30. Other data: 1. Salaries expense is 70% selling and 30% administrative. 2. Rent expense and utilities expenses are 80% selling and 20% administrative. 3. $30,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 Entry field with correct answer Supplies Expenses Entry field with incorrect answer 4,590 Entry field with correct answer Entry field with correct answer Supplies Entry field with correct answer Entry field with incorrect answer 4590 2. Nov. 30 Entry field with correct answer Depreciation Expense Entry field with correct answer 16620 Entry field with correct answer Entry field with correct answer Accumulated Depreciation-Equipment Entry field with correct answer Entry field with correct answer 16620 3. Nov. 30 Entry field with correct answer Interest Expense Entry field with correct answer 10,260 Entry field with correct answer Entry field with correct answer Interest Payable Entry field with correct answer Entry field with correct answer 10,260

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