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The trial balance of Splish Fashion Center contained the following accounts at November 3 0 , the end of the company's fiscal year. Adjustment data:
The trial balance of Splish Fashion Center contained the following accounts at November the end of the company's fiscal year. Adjustment data:
Supplies on hand totaled $
Depreciation is $ on the equipment.
Interest of $ is accrued on notes payable at November
Other data:
Salaries expense is selling and administrative.
Rent expense and utilities expenses are selling and administrative.
$ of notes payable are due for payment next year.
Maintenance and repairs expense is administrative.
Depreciation expense is selling. 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 for the amounts. Record journal entries in the order presented in the
problem. List all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
Nov.
Nov.
Nov.
eTextbook and Media
List of Accounts SPLISH FASHION CENTER
Adjusted Trial BalancePrepare a multiplestep income statement for the year. ignore income taxesEnter loss using either a negative sign preceding the
number eg or parentheses eg
SPLISH FASHION CENTER
Income Statement
:
Selling expenses
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