please journalize the closing entries as well as the post- closinh trial balance ...
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Accounting
please journalize the closing entries as well as the post- closinh trial balance
1. Supplies on hand totaled $4,530. 2. Depreciation is $16,575 on the equipment. 3. Interest of $11,040 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. The trial balance of Nash Fashion Center contained the following accounts at November 30 , the end of the company's fiscal year. 4. Maintenance and repairs expense is 100% administrative. 5. Depreciation expense is 100% selling. (a) Journalize the adjusting ehries. (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. List all debit entries before credit entries.)
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