Swifty Corporation
Trial Balance
November 30,2019
Cash	9,000
accounts Receivable	30,900
Inventory	44,800
Supplies	6,100
Equipment	130,000
Accum - depr - Equipment		25,000
Notes Payable		55,000
Accounts Payable		36,800
Common Stock		55,000
Retained Earnings		40,000
Dividends	11,000
Sales Revenue		756,000
Sales Returns and Allowances	8,900
Cost of goods sold	497,000
Salaries and Wages Expense	139,700
Advertising Expense	24,100
Utilities Expense	13,600
Maintenance and Repairs Expense	12,000
Freight-Out	16,800
Rent Expense	23,900
	967,800	967,800

1	Supplies on hand totaled $2,500.
2	Depreciation is $12,500 on the equipment
3	Interest of $5,000 is accrued on notes payable at November 30
4	Inventory actually on hand is $44,100
1	Journalize adjusting entries
2	Finish the spreadsheet
1	Prepaid an income statement, Retained earnings statement,
	and balance sheet. (notes payable 21,000 is current and 34,000 is long-term)
2	Journalize closing entries to close out year.

Date Description Debit Credit End of Period Spreadsheet (Work Sheet) Adjustments Income Balance Adisuted Dr. | Dr. Cr. Cr. Dr. I cr. Dr. Cr. Unadjusted Dr. Cr. 9,000 30,900 44,800 6,100 130,000 25,000 55,000 36,800 55,000 40,000 11,000 Account Title Cash accounts Receivable Inventory Supplies Equipment Accum-depr - Equipment Notes Payable Accounts Payable Interest Payable Common Stock Retained Earnings Dividends 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 Supplies Expense Depreciation Expense Interest Expense Totals Net Income (Loss) 756,000 8,900 497,000 139,700 24,100 13,600 12,000 16,800 23.900 Income Statement Retained Earnings Statement (notes payable 21,000 is current and 34,000 is long-term) Post Closing Trial Balance Balance Sheet Debit Credit