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year-end was unable to complete the adjusthents wedding dresses for bicies to be. with some additional information for the Decenustments due to illness You have
year-end was unable to complete the adjusthents wedding dresses for bicies to be. with some additional information for the Decenustments due to illness You have bices to be. The person preparinc tha it 1. Assume all accounts have a normal balance. 2. 75% of the balance in the Advance Sales account is for wedding dresses to be made and dellvered by Golden during 2024 ; the remaining 25% is from sales earned during 2023 . remaining 25% is from sales earned during 2023 . 4. The 3%,5-year note payable was issued on October 1, 2023; interest is payable annually each September 30 interest and $24,806 principal for a total of $34,079. 6. Uncollectible accounts are estimated to be 1% of outstandir 7. A physical count of the inventory showed a balance actanding receivables. 8. Sarah promised her operations manager a balance actually on hand of $63,300. for high sales achieved this year. for high sales achieved this year. Pequired: 1. Based on the information provided, journalize the adjusting entries at December 31, 2023. Journal entry worksheet 5 6 7 Note: Enter debits before credits. 2. Prepare a classified balance sheet. (Be sure to list the assets and liabilities in order of their liquic the nearest whole dollar amount.) Assigmment
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