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Blossom Inc. s adjusted trial balance at May 3 1 , 2 0 2 5 is shown here. Compute net income for the month of

Blossom Inc.s adjusted trial balance at May 31,2025 is shown here. Compute net income for the month of May.
Account Titles
Debit
Credit
Cash
$15,000
Accounts Receivable
7,000
Equipment
16,000
Accumulated Depr.Equip.
$4,000
Accounts Payable
3,500
Unearned Rent Revenue
2,000
Common Stock
16,000
Retained Earnings
14,000
Dividends
14,500
Service Revenue
70,000
Depreciation Expense
3,000
Salaries and Wages Expense
46,000
Utilities Expense
8,000
$109,500 $109,500
Net income for month ended May 31 $enter the net income for the month of May in dollarsBlossom Inc.s adjusted trial balance at May 31,2025 is shown here. Compute net income for the month of May.
Account Titles
Debit
Credit
Cash
$15,000
Accounts Receivable
7,000
Equipment
16,000
Accumulated Depr.Equip.
$4,000
Accounts Payable
3,500
Unearned Rent Revenue
2,000
Common Stock
16,000
Retained Earnings
14,000
Dividends
14,500
Service Revenue
70,000
Depreciation Expense
3,000
Salaries and Wages Expense
46,000
Utilities Expense
8,000
$109,500 $109,500
Net income for month ended May 31 $enter the net income for the month of May in dollars

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