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

VALDEZ FASHION CENTER Trial Balance November 30, 2017
		Debit		Credit
Cash		$ 8,100
Accounts Receivable		28,700
Inventory		44,700
Supplies		6,100
Equipment		132,000
Accumulated DepreciationEquipment				$ 26,000
Notes Payable				51,000
Accounts Payable				33,600
Common Stock				60,000
Retained Earnings				40,000
Dividends		10,500
Sales Revenue				755,600
Sales Returns and Allowances		8,700
Cost of Goods Sold		497,100
Salaries and Wages Expense		140,000
Advertising Expense		24,200
Utilities Expense		13,600
Maintenance and Repairs Expense		12,100
Freight-Out		16,400
Rent Expense		24,000
Totals		$966,200		$966,200

Adjustment data:

1.		Supplies on hand totaled $2,400.
2.		Depreciation is $13,500 on the equipment.
3.		Interest of $4,000 is accrued on notes payable at November 30.
4.		Inventory actually on hand is $44,300.

A: Complete the worksheet (Trial Balance, Adjustments, Adj. Trial Balance, Income Statement, Balance Sheet)

B: Journalize the adjusting entries.

C: Journalize the closing entries