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An analysis of the transactions made by Blossom Company, a certified public accounting firm, for the month of August, its first month of operations is

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An analysis of the transactions made by Blossom Company, a certified public accounting firm, for the month of August, its first month of operations is shown below. Each change in revenues c expenses is explained. Assets Liabilities+ Stockholders' Equity Retained Earnings Accounts + Receivable+ Supplies + Equipment Accounts Common Cash Payable + Stock Revenues Expenses Dividend 1. $14,600 $14,600 2 -2,000 $4,500 $2,500 3 -800 $800 4 4,700 $4,400 $9,100 Service Revenue 5. -1,500 -1,500 6 -1,300 -$1,300 7 -700 -$700 Rent Expense 8 400 -400 -3,800 Salaries/Wages Expense 3,800 10. 500 -500 Utilities Expense Prepare an income statement for August. Blossom Company Income Statement Prepare an retained earnings statement for August. (List items that increase retained earnings first.) Blossom Company Retained Earnings Statement LINK TO TEXT VIDEO: SIMILAR EXERCISE VIDEO: SIMILAR EXERCISE CALCULATOR MESSAGE MY INSTRUCTOR FULL S Prepare a balance sheet at August 31, 2017. (List Assets in order of liquidity.) Blossom Company Balance Sheet Assets Liabilities and Stockholders' Equity CALCULATOR MESSAGE MY INS Liabilities and Stockholders' Equity $ Click if you would like to Show Work for this question: Open Show Work

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