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Blossom & Associates records adjusting entries on an annual basis. The company has the following information available on accruals that must be recorded for the

Blossom & Associates records adjusting entries on an annual basis. The company has the following information available on accruals that must be recorded for the year ended December 31,2024:
Blossom has a $13,200,6% note receivable with a customer. The customer pays the interest on a monthly basis on the first of the month. Assume the customer pays the correct amount each month.
Blossom pays its employees a total of $6,900 every second Friday. Employees work a five-day week, Monday to Friday, and are paid for all statutory holidays. Assume December 31,2024, is a Friday. Employees were last paid up to the Friday of the prior week.
Blossom has a contract with a customer where it provides services prior to billing the customer. On December 31,2024, this customer owed Blossom $3,340. Blossom billed the customer on January 7,2025, and collected the full amount on January 18,2025.
Blossom received the $470 December utility bill on January 10,2025. The bill was paid on its due date, January 22,2025.
Blossom has a $20,400,5% note payable. Interest is paid every six months, on April 30 and October 31. Assume that Blossom made the correct interest payments on April 30,2024, and October 31,2024.Prepare the journal entries to record the related cash transactions in 2025. Assume all payments and receipts are made as
indicated. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the
nearest whole dollar, e.g.5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal
entries in the order presented in the problem. List all debit entries before credit entries.)
Date
Account Titles and Explanation
Debit
Credit
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