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The trial balance of Concord Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Concord Fashion Center
The trial balance of Concord Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Concord Fashion Center Trial Balance November 30, 2025 Debit Credit Cash $32,880 Accounts Receivable 36,820 Inventory 48,120 Supplies 8,620 Equipment 139,240 Accumulated Depreciation-Equipment $26,120 Notes Payable Accounts Payable Common Stock 54,120 51.620 93,120 Retained Earnings 11,120 Sales Revenue 764,500 Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,840 Advertising Expense 27,460 Utilities Expenses 15,160 40.400
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