The trial balance of Blue Spruce Corp.contained the following accounts at November 30, the end of the company's fiscal year. The company uses the perpetual inventory system. Blue Spruce Corp Trial Balance November 30, 2022 Credit Debit $8.500 28,600 42,500 6,100 131,000 Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense $ 27.000 50,500 39,400 50,000 40,000 10.500 755,800 8.800 497.400 139.600 755,800 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 Totals 8,800 497,400 139,600 24,000 13,900 11,600 16,400 23,800 $962,700 $962,700 Adjustment data: 1. 2. Supplies on hand totaled $2.500 Depreciation is $14,000 on the equipment. Interest of $4,000 is accrued on notes payable at November 30, Inventory actually on hand is $41.800. 3. Account Titles Adjustments Trial Balance Cr. Dr. Dr. $ $ Cash $8,500 Accounts Receivable 28,600 Inventory 42,500 Supplies 6,100 Equipment 131.000 Accum. Depreciation Equipment $27,000 50,500 Notes Payable 39.400 Accounts Payable 50,000 Common Stock Retained Earnings 40,000 Dividends 10,500 Worksheet Income Stater Adj. Trial Balance Cr. Dr. Cr. Dr. $ $ I Income Statement Balance Sheet Dr. Cr. Dr. Cr. 1 Dividends 10,500 Sales Revenue 755,800 8,800 Sales Returns and Allowances Cost of Goods Sold 497.400 139.600 Salaries and Wages Expense 24,000 Advertising Expense 13.900 Utilities Expense 11.600 Maintenance and Repairs Expense 16,400 Freight-Out 23.800 Rent Expense $962,700 $962,700 Totals Supplies Expense Depreciation Expense Interest Expense Interest Payable V $ 1:1 OC I A S