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The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the companys fiscal year. *Problem 5-5A The trial

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

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*Problem 5-5A The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the company's fiscal year VALDEZ FASHION CENTER Trial Balance November 30, 2015 Debit Credit Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance and Repairs Expense Freight-Out Rent Expense 8,130 30,670 42,310 6,110 135,100 $29,700 50,000 35,500 52,530 44,940 10,230 755,900 8,790 497,500 140,000 24,000 13,890 11,680 16,470 23,690 Totals $968,570 $968,570

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