The accounting of the current operations of Toutpropre enr. was made for the year ending December 31, 20X5. Toutpropre enr. uses a periodic inventory system. The owner of the business was partially successful in posting the adjustment postings for the year ended December 31, 20X5. On the other hand, he is asking for your help in recording the closing stock, recording the cost of goods sold and closing his books at the end of the year. He informs you that a physical count has enabled the cost of inventory of goods to be assessed at $ 22,450 as at December 31, 2017, although the fair value is assessed at $ 31,050. Here is the list of accounts partially settled at the end of the year:

Record in the general journal the only missing adjustment entry, that is, the one relating to the cost of goods sold.

as of November 30, 2018 at nined that a single account amounting to $ 3.200, does not appear to pe collectible The balance of the Office Supplies account before adjustments is the same as on November 30, 20X5 During the year, the company purchased some for $ 3.700. The original cost of unused supplies enumerated on November 30, 20x6 is $2.400 on August 31, 20x5, a new 18-month labty nsurance policy came into effect. The premium of 4.960 was paid in full when the policy took effect The company has no other insurance The building has belonged to the company since 20x2.It is depreciated using the declining balance method at the rate of 4% All the furniture was acquired on June 1, 20x6. Furniture must be depreciated using the straight-line prethod. The fespan of the furniture is 15 years while is useful fespan is 10 years. The residual value of the furniture is $6.000 while ts salvage value is 2010 On January 1, 2016, the company contracted a debt of $ 85,000 repayable in ful in 4 years. The bill to be paid bears interest at the annual rate of 8%. Interest payable on the anniversary date of the debt. The wages payable were $2.860 as of November 30 20x6. Disregard payroll taxes On November 27, 20X6, the company agreed to repair Kitchen equipment for the Malbouffe company for an amount of $3,600 payable on December 15. 20X8. No entries have been recorded for this contract. The company began construction on November 28 and worked tirelessly until December nclusive. At that date, the kitchen equipment of the Malbouffe company was functional and no additional work was carried out Me 4 95.000 00 17 IM Make the adjustment entries required by November 30. 20x6 in the general joumal Give all the explanations and provide all the necessary calculations Purchases Accumulated depreciation of IT equipment Accumulated amortization of office equipment Equipment and material depreciation Insurance Prepaid insurance Other income Clients Bill to pay Electricity Cash Computer equipment Discounts on purchases Sales discounts Suppliers Unused office supplies Office supplies used Office expenses Transport costs on purchase Miscellaneous costs Interest payable Interest and bank charges Interest on long-term debt Rent Office supplies Products received in advance Publicity Renderings and discounts on purchases Renderings and sales discounts Rental income Wages Wages payable Public services Mr.Net - Capital M. Net - Withdrawals Stock of goods Consumption taxes payable Business taxes and permits Sales 1 051 079 1 350 1 500 2850 1 500 500 1 750 42 370 10 000 6 760 32 425 4 500 14 490 13 300 4 900 1 850 4 350 12 500 8833 6425 800 1 245 800 18 000 15 000 3 500 15 780 8 314 14 563 12 000 123 900 2730 13 230 49 830 12 000 52 400 4 425 5 900 1 346 471 as of November 30, 2018 at nined that a single account amounting to $ 3.200, does not appear to pe collectible The balance of the Office Supplies account before adjustments is the same as on November 30, 20X5 During the year, the company purchased some for $ 3.700. The original cost of unused supplies enumerated on November 30, 20x6 is $2.400 on August 31, 20x5, a new 18-month labty nsurance policy came into effect. The premium of 4.960 was paid in full when the policy took effect The company has no other insurance The building has belonged to the company since 20x2.It is depreciated using the declining balance method at the rate of 4% All the furniture was acquired on June 1, 20x6. Furniture must be depreciated using the straight-line prethod. The fespan of the furniture is 15 years while is useful fespan is 10 years. The residual value of the furniture is $6.000 while ts salvage value is 2010 On January 1, 2016, the company contracted a debt of $ 85,000 repayable in ful in 4 years. The bill to be paid bears interest at the annual rate of 8%. Interest payable on the anniversary date of the debt. The wages payable were $2.860 as of November 30 20x6. Disregard payroll taxes On November 27, 20X6, the company agreed to repair Kitchen equipment for the Malbouffe company for an amount of $3,600 payable on December 15. 20X8. No entries have been recorded for this contract. The company began construction on November 28 and worked tirelessly until December nclusive. At that date, the kitchen equipment of the Malbouffe company was functional and no additional work was carried out Me 4 95.000 00 17 IM Make the adjustment entries required by November 30. 20x6 in the general joumal Give all the explanations and provide all the necessary calculations Purchases Accumulated depreciation of IT equipment Accumulated amortization of office equipment Equipment and material depreciation Insurance Prepaid insurance Other income Clients Bill to pay Electricity Cash Computer equipment Discounts on purchases Sales discounts Suppliers Unused office supplies Office supplies used Office expenses Transport costs on purchase Miscellaneous costs Interest payable Interest and bank charges Interest on long-term debt Rent Office supplies Products received in advance Publicity Renderings and discounts on purchases Renderings and sales discounts Rental income Wages Wages payable Public services Mr.Net - Capital M. Net - Withdrawals Stock of goods Consumption taxes payable Business taxes and permits Sales 1 051 079 1 350 1 500 2850 1 500 500 1 750 42 370 10 000 6 760 32 425 4 500 14 490 13 300 4 900 1 850 4 350 12 500 8833 6425 800 1 245 800 18 000 15 000 3 500 15 780 8 314 14 563 12 000 123 900 2730 13 230 49 830 12 000 52 400 4 425 5 900 1 346 471