The trial balance of Valdez Fashion Center contained the following accounts at November 30, the end of the company's fiscal
1. Supplies on hand totaled $2,010.
2. Depreciation is $11,200 on the equipment.
3. Interest of $5,540 is accrued on notes payable at November 30.
4. Inventory actually on hand is $43,900.
Journalize the adjusting entries.
Journalize the closing entries.
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