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The trial balance of Coronado Fashion Center contained the followine accounts at November 30, the end of the company's fiscal vear. Adjustment data: 1. Supplies

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The trial balance of Coronado Fashion Center contained the followine accounts at November 30, the end of the company's fiscal vear. Adjustment data: 1. Supplies on hand totaled $4,830. 2. Depreciation is $16,800 on the equipment. 3. Interest of $11,360 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. 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 joumal entries in the order presented in the problem.) Prepare an adjusted trial balance. Sales Revenue Interest Payable Sales Returns and Allowances 4200 Cost of Goods Sold 495400 Salaries and Wages Expense 138560 Advertising Expense 27600 Utilities Expenses 15440 Maintenance and Repairs Expense Delivery Expense 16700 Rent Expense 25200 Interest Expense 11360 Supplies Expense Depreciation Expense Total Prepare a multiple-sted income statement for the vear. (ignore income taxes) (Enter loss using either a negative sign preceding the Rent Expense Supplies Expense Depreciation Expense Total Selling Expenses Administrative expenses Salaries and Wages Expense 41568 Utilities Expenses Maintenance and Repairs Expense Rent Expense Total Administrative Expenses Total Operating Expenses Income from Operations Other Expenses and Losses Interest Expense Net Income / (Loss) Prepare retained earnings statement for the year. Prepare a classified balance sheet as of November 30,2020 . (List current assets in order of liquidity.) CORONADO FASHION CENTER Balance Sheet Assets $ Liabilities and Stockholders' Equity $

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