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Blossom Company had the following adjusted trial balance. Blossom Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles

Blossom Company had the following adjusted trial balance.

Blossom Company Adjusted Trial Balance For the Month Ended June 30, 2020

Adjusted Trial Balance

Account Titles

Debit

Credit

Cash $3,720
Accounts Receivable 3,750
Supplies 570
Accounts Payable $1,800
Unearned Service Revenue 140
Owners Capital 4,000
Owners Drawings 420
Service Revenue 5,130
Salaries and Wages Expense 1,300
Miscellaneous Expense 250
Supplies Expense 1,730
Salaries and Wages Payable 670
$11,740 $11,740

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Prepare closing entries at June 30, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. (To close revenue account) 2. (To close expense accounts) 3. (To close net income / (loss)) 4. (To close drawings)

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