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Blue Spruce Corp. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are
Blue Spruce Corp. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown as follows. Dividends 1,6501,650 Service Revenue 16,89018,090 Rent Revenue 1,360 2,110 Salaries and Wages Expense Rent Expense 7,9001,9508,6002,850 Depreciation Expense 700 Supplies Expense 950 Utilities Expense 1,500 Interest Expense Journalize the adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Blue Spruce Corp. Income Statement $ $ $ Blue Spruce Corp. Retained Earnings Statement $ eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer Blue Spruce Corp. Balance Sheet Assets $ $ : Liabilities and Stockholders' Equity $ If the note bears interest at 12%, how many months has it been outstanding? Note has been outstanding for month(s) Attempts: unlimited
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