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Blossom Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown

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Blossom Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below. BLOSSOM CO. Trial Balance September 30, 2020 Unadjusted Adjusted Dr. Cr. Dr Cr. Cash $ 8,600 $ 8,600 Accounts Receivable 10,300 11,400 Supplies 1,450 600 Prepaid Rent 2,150 1,150 Equipment 18,000 18,000 Accumulated Depreciation-Equipment $ 0 $ 650 Notes Payable 9,000 9,000 Accounts Payable 2,450 2,450 Salaries and Wages Payable 0 700 Interest Payable 0 90 Unearned Rent Revenue 1,850 1,000 Owner's Capital 21,500 21,500 Owner's Drawings 1,550 1,550 Service Revenue 16,700 17,800 Rent Revenue 1,360 2,210 Salaries and Wages Expense 7,500 8,200 Rent Expense 1,850 2,850

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