The trail balance of Bellemy Fashion Center contained the following accounts at Novenber 30, the...
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Accounting
The trail balance of Bellemy Fashion Center contained the following accounts at Novenber 30, the end of the company' s fiscal year. Journalize the adjusting entries. Prepare an adjusted trial balance. Prepare a multiple-step income statement and retained earnings statement for the year and a classified balance sheet as of November 30, 2014. Journalize the closing entries. Pr????? a post-closing trial balance. Supplies on hand totaled $4,550. Depreciation is $16,905 on the equipment. Interest of $15,100 is accrued on notes payable at November 30. Salaries expense is 70% selling and 30% administrative. Rent expense and utilities expenses are 80% selling and 20% administrative. $30,000 of notes payable are due for payment next year. Maintenance and repairs expense is 100% administrative
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