The adjusted trial balance of Blossom Company for the year ended December 31, 2020, is as follows: Cash Accounts Receivable Notes Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense Debit $5,900 2,200 5,800 9,500 7,000 1.000 Credit $300 1,000 1,100 600 16,500 10,500 7,000 1,200 500 60 30 $40,190 10,090 100 $40,190

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 6MC: Prior to adjustments, Barrett Companys account balances at December 31, 2019, for Accounts...
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The adjusted trial balance of Blossom Company for the year ended December 31, 2020, is as follows:
Cash
Accounts Receivable
Notes Receivable
Inventory
Equipment
Allowance for Doubtful Accounts
Accumulated Depreciation-Equipment
Notes Payable
Accounts Payable
Common Stock
Retained Earnings
Dividends
Sales Revenue
Interest Revenue
Cost of Goods Sold
Salary and Wages Expense
Rent Expense
Bad Debt Expense
Service Charge Expense
Debit
$5,900
2,200
5,800
9,500
7,000
1,000
Credit
$300
1,000
1,100
600
16,500
10,500
7,000
1,200
500
60
30
$40,190
10,090
100
$40,190
Transcribed Image Text:The adjusted trial balance of Blossom Company for the year ended December 31, 2020, is as follows: Cash Accounts Receivable Notes Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense Debit $5,900 2,200 5,800 9,500 7,000 1,000 Credit $300 1,000 1,100 600 16,500 10,500 7,000 1,200 500 60 30 $40,190 10,090 100 $40,190
Blossom Company
Income Statement
In the Year Ended December 31, 2020
0000
000
0000
Transcribed Image Text:Blossom Company Income Statement In the Year Ended December 31, 2020 0000 000 0000
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