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

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. Prepare an adjusted trial balance. Prepare a multiple-step income statement for the year. Prepare retained earnings statement for the year. Prepare a classified balance sheet as of November 30, 2017 Journalize the closing entries. -------------- Prepare a post-closing trial balance.