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Blessinger Company Adjusted Trial Balance December 3 1 Debit Credit Cash $ 1 1 2 , 0 0 0 Accounts receivable 2 7 , 0
Blessinger Company
Adjusted Trial Balance
December
Debit Credit
Cash $
Accounts receivable
Prepaid rent
Prepaid Insurance
Office supplies
office equipment
Accumulated depreciationEquipment $
Building
Accumulated depreciationBuilding
Land
Accounts payable
Salaries payable
Interest payable
Longterm note payable
P Blessinger, Capital
P Blessinger, Withdrawals
Services revenue
Salaries expense
Insurance expense
Rent expense
Depreciation expense Equipment
Depreciation expense Building
Totals: $ $
Required:
a Prepare a classified yearend balance sheet. Note: A $ installment on the longterm note payable is due within one
year.
b Prepare the required closing entries.
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