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The trial balance of Skysong Fashion Center contained the following accounts at November 30 , the end of the companys fiscal year. Adjustment data: 1.

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The trial balance of Skysong Fashion Center contained the following accounts at November 30 , the end of the companys fiscal year. Adjustment data: 1. Supplies on hand totaled $4,650. 2. Depreciation is $16,665 on the equipment. 3. Interest of $9,990 is acerued 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. List all debit entries before credit entries.) Prepare a classified balance sheet as of November 30,2025 . (List current assets in order of liquidity.) 5 $

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