Blossom Ltd. had the following opening account balances at July 31: Cash $3,000; Accounts Receivable $1,000; Equipment $1,500; Accounts Payable $1,500; Common Shares $1,000; and Retained Earnings $3,000. Blossom's general journal for the month of August is presented here: GENERAL JOURNAL Date Account Titles Debit Credit Aug. 7 Cash 1,500 Service Revenue 1,500 10 Equipment 3,000 Cash 1,500 Bank Loan Payable 1,500 14 Accounts Receivable 1,200 Service Revenue 1,200 16 Cash 600 Deferred Revenue 600 28 Cash 600 Accounts Receivable 600 30 Salaries Expense 1,000 Cash 1,000 31 Dividends Declared 500 Cash 500