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Blossom Company provides property management services to a variety of companies. At its fiscal year end on April 30, 2021. adjustments were required for
Blossom Company provides property management services to a variety of companies. At its fiscal year end on April 30, 2021. adjustments were required for the following items: 1. Services of $690 were provided but not recorded or collected. Of the balance in the Unearned Revenue account, $300 of services have been provided. Depreciation expense for the year ended April 30, 2021, was $5,100. 2. 3. 4. 5. Prepaid insurance of $485 had expired. 6. Interest of $605 on a note payable had accrued. Property taxes for the calendar year are payable every year on June 30. The company estimated property taxes for 2021 to be $4,008.
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