- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 1 (144.67 KiB) Viewed 34 times
- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 2 (178.37 KiB) Viewed 34 times
- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 3 (104.99 KiB) Viewed 34 times
- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 4 (148.69 KiB) Viewed 34 times
- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 5 (110.75 KiB) Viewed 34 times
- The Trial Balance Of Whispering Fashion Center Contained The Following Accounts At November 30 The End Of The Company S 6 (86.03 KiB) Viewed 34 times
25,150 Rent Expense Totals €1,001,950 €1,001,950 Adjustment data: 1. Supplies on hand totaled €4,800. 2. Depreciation is €16,725 on the equipment. 3. Interest of €$10,990 is accrued on notes payable at November 30. Other data: 1. Salaries expense is 70% selling and 30% administrative. 2. Rent expense and utilities expenses are 80% selling and 20% administrative, 3. €30,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. 5. Supplies and depreciation are selling expenses.
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 O for the amounts. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 Supplies Expense 4,000 Supplies 4,000 2. Nov. 30 Depreciation Expense 16,725 Accumulated Depreciation-Equipment 16,725 3. Nov. 30 Interest Expense 10.990 Interest Payable 10,990
uestion 3 of 3 1.43/5 WHISPERING FASHION CENTER Adjusted Trial Balance November 30, 2022 Debit Credit Cash 33,150 € Accounts Receivable 37,000 Inventory 48,300 Supplies 4,800 Equipment 139,600 Accumulated Depreciation-Equipment 43,025 Notes Payable 54.300 Accounts Payable 51,800 Share Capital-Ordinary 93.300 Retained Earnings 11,300 Sales Revenue 764.950 Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138.600
27,550 Advertising Expense Utilities Expense 15,400 Maintenance and Repairs Expense 12.100 Delivery Expense 16.700 Rent Expense 25,150 Supplies Expense 4,000 Depreciation Expense 16,725 Interest Expense 10,990 Interest Payable 10.990 Total € 1,029,665 € 1,029,665
ent-player/index.html?launchid=1864abef-7391-48de-92dd-9b21c14363fc#/question/2 Question 3 of 3 1.43/5 Prepare an income statement for the year. (Enter loss using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) WHISPERING FASHION CENTER Income Statement For the Year Ended November 30, 2022 Total Revenues Sales Revenue Less Sales Returns and Allowances Gross Profit V Total Selling Expenses Selling expenses