ACCT251P3-4Sol - PROBLEM 3-4 (a) Nov. 30 Store Supplies...

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PROBLEM 3-4
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(a) Nov. 30 Store Supplies Expense. ........................ 4,000 Store Supplies. ................................. 4,000 30 Depr. Expense—Store Equipment. ........ 9,000 Accumulated Depreciation— Store Equipment. ......................... 9,000 30 Depr. Expense—Delivery Equipment. ... 6,000 Accumulated Depreciation— Delivery Equipment. .................... 6,000 30 Interest Expense. ..................................... 11,000 Interest Payable. .............................. 11,000
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PROBLEM 3-4 (Continued) (b) BELLEMY FASHION CENTER Adjusted Trial Balance November 30, 2010 Dr. Cr. Cash. ..................... 28,700 Accounts Receivable. ........... 33,700 Merchandise Inventory. ............. 45,000 Store Supplies. .... 1,500 Store Equipment. . 85,000 Accumulated Depr.— Store Equipment. ........... 27,000 Delivery Equipment. ........... 48,000 Accumulated Depr.— Delivery Equipment. ........... 12,000 Notes Payable. ..... 51,000 Accounts Payable. ................ 48,500 Common Stock. ... 90,000 Retained Earnings. .............. 8,000 Sales. .................... 757,200 Sales Returns and Allowances. ....... 4,200 Cost of Goods Sold. ...................... 495,400 Salaries Expense. 140,000 Advertising Expense. ............... 26,400 Utilities Expense. 14,000
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Repair Expense. .. 12,100 Delivery Expense 16,700 Rent Expense. ...... 24,000 Store Supplies Expense. ............... 4,000
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This note was uploaded on 11/04/2009 for the course ACCTG 301 taught by Professor Staff during the Spring '08 term at University of Washington.

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ACCT251P3-4Sol - PROBLEM 3-4 (a) Nov. 30 Store Supplies...

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