CALCULATOR PRINTER VERSION Problem SA-9A a-t The unadjusted trial balance of Blossom Construction Company on December 31, 2017, contained the following accounts at the end of the company's calendar year, BLOSSOM CONSTRUCTION COMPANY Unadjusted Trial Balance December 31, 2017 Debit Credit 3.200 Cash $222,000 Notes Receivable 23,000 Accounts Receivable 22,000 Inventory, 12/31/16 46,000 Prepaid Insurance 3,900 Prepaid Rent 3,800 Supplies Land 29,000 Equipment 92,000 Accumulated Depreciation Equipment Accounts Payable Uncome Revenue Mortonge Payable (Gut 2019) Owner's Capital Owner's Drawings 1200 Se vete Salesund Awwano 2,000 $115.400 39,000 12,100 14.000 131,000 274.000 46,000 3,900 8,800 3,200 29,000 92,000 1 Inventory, 12/31/16 Prepaid Insurance Prepaid Rent Supplies Land Equipment Accumulated Depreciation - Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable (due 2019) Owner's Capital Owner's Drawings Sales Revenue Sales Returns and Allowances Sales Discounts Purchases Purchases Returns and Allowances Purchases Discounts Freight-in Rent Expense Salaries and Wages Expense Utilities Expense Advertising Expense Intrast Exone $18,400 29,000 12,100 74,000 131,000 4,700 274,000 2,000 1,900 52,000 800 1,300 3,000 20,100 17,800 2,700 2,000 2.200 CALCULATOR PINTER VERSION BACK Utilities Expense Advertising Bapense Interest Expense Interest Revenue Rent Revenue Totals 2,700 2,000 2,200 15,200 2,500 5558,300 $558,300 The company uses the periodic inventory system. In addition, the following year-end Information was available to the accountant: 1 Inventory taken on 12/31/17 was 141,000. 2 Depreciation on equipment was 39 200 3. Unpaid accrued as were 53,000 4. Unexpired rent amounted to $2,400 5 Supplies hand were $1,700 6. Accrued sales revenge on 12/31/17 was $3,600. 7. Expired insurance amounted to 51,900 8 Interest on the company's notes recevaist year and amounted to 400 Unearned to revenue and at year end amoured to $4,000 Joe the eveningen rolt acountries are many when the few weet "No entry for the account title and enter for the mount) NS Date Account Totes and planation 2012 Det CA CES 9. Unearned rent revenue and at year-end amounted to 54,600 CALCULATOR PRINTER VERSION Journalize the above adjusting entries. (Credit account tites are automatically indented when the amount is entered. Do not Indent manually. If no entry is require "No entry for the account tities and enter for the amounts.) 1 No. Date Account Titles and Explanation Debit Credit 2017 Study 1. Dec. 31 12. Dec 31 3. De 1 Complete the worksheet using the above year-end Information BLOSSOM CONSTRUCTION COMPANY Worksheet For the year ended December 31, 2017 Adjusted Adjustments Trial Balance Dr. Cr. Dr. . dy Account Name Unadjusted Trial Balance Dr. Cr. Income Statement Dr. Cr. Balance Shi Dr. Cash Notes Receivable Accounts Receivable Inventory. 12/31/16 Prepoio in Prepaid Rent Super Land Com , SCO CALCULATOR PRINTER VERSION BACK NE ght-in ht Expense ories and Wages Expense mies Expense Advertising Expense Interest Expert Interest Reverve Rent Revenue TOTALS Depreciation Expense Sales and Wo Payne Suole Expo CALCULATOR PRINTER Prepare a multiple-step income statement for Blossom Construction Company as of December 31, 2017 BLOSSOM CONSTRUCTION COMPANY Income Statement SNK TO TEXY LINK TO TEXT repare an Owner's equity statement for Blossom Construction Company as of December 31, 2017. (List items that increase owner's equity first.) BLOSSOM CONSTRUCTION COMPANY Statement of Owner's Equity Study Prepare a classified balance sheet for Blossom Construction Company as of December 31, 2017 at current assets in order of quality. List Property, plant and equipment to order of land and equipment.) BLOSSOM CONSTRUCTION COMPANY Balance Sheet Assets Labilities and Stockholders' Equity HOW LIST OF ACCOUNTS TO TEXT LINK TO TEXT Journalize the dosing entries. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required for the accountities and enter for the amounts.) Date Account Tities and Explanation 2017 Debit Credit Jun. 30 Tout comment kunt with restanome Summa CAL To dose all income statement accounts with Gebit balances to Income Summary) To transfer net income to capital)