The trial balance of Coronado Fashion Center contained the following accounts at November 30, the end of the companys fiscal year.

CORONADO FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2017

Debit Credit Cash $33,140

Accounts Receivable 36,970

Inventory 48,270

Supplies 8,770

Equipment 139,540

Accumulated Depreciation-Equipment $26,340

Notes Payable 54,270

Accounts Payable 51,770

Common Stock 93,270

Retained Earnings 11,270

Sales Revenue 764,910

Sales Returns and Allowances 4,200

Cost of Goods Sold 495,400

Salaries and Wages Expense 138,640

Advertising Expense 27,570

Utilities Expenses 15,360

Maintenance and Repairs Expense 12,100

Delivery Expense 16,700

Rent Expense 25,170

Totals $1,001,830 $1,001,830

Adjustment data:

1. Supplies on hand totaled $4,770.

2. Depreciation is $16,755 on the equipment.

3. Interest of $11,850 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 journal entries in the order presented in the problem.)

Prepare an adjusted trial balance

answer is partially correct. Try again.

Prepare a multiple-step income statement for the year

answer is partially correct. Try again.

Prepare retained earnings statement for the year.

Prepare a classified balance sheet as of November 30, 2017.

Journalize the closing entries