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Blossom Company has the following balances in selected accounts on December 31,2022. All the accounts have normal balances. The information below has been gathered at

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Blossom Company has the following balances in selected accounts on December 31,2022. All the accounts have normal balances. The information below has been gathered at December 31,2022 the note is repaid. accounts have normal balances. The information below has been gathered at December 31,2022 . Interest will be paid whe note is repaid. Blossom Company borrowed $10,800 by signing a 9%, one-year note on September 1,2022. A count of supplies on December 31,2022 , indicates that supplies of $960 are on hand. Depreciation on the equipment for 2022 is $1,300. Blossom paid $2,880 for 12 months of insurance coverage on June 1,2022 . 5. On December 1,2022 , Blossom collected $31,000 for consulting services to be performed evenly from December 1,2022 . through March 31,2023. 6. Blossom performed consulting services for a client in December 2022 . The client will be billed $3,500. 7. Blossom pays its employees total salaries of $5,100 every Monday for the preceding 5 -day week (Monday through Friday). On. Monday. December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2022. Prepare adjusting entries for the jeven items described above. Devin Wolf prepares adjustments annually. (List all deblt entries before credit entries, Credit account titles are automatically indented when the omount is entered, Do not Indent manually) ation. wiley.com/was/ui/v2/assessment-player/index himl?launchild=1958d0bc-a942-4411-8ff9-b11b6cedofd1#/question/22 ars1,2,3 and 4 Question 23 of 24 No. Account Titles and Explanation 1. Interest Expense Interest Payable 2. Supplies Expense Supplies 3. Depreciation Expense Accumulated Depreciation-Equipment 4. Insurance Expense Prepaid insurance 5. Unearmed Service Revenve Service Revenue

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