chapter 2

You are provided with the following information for Blossom Company, effective as of its April 30,2025 , year-end. Question 9 of 10 Income taxes payable 0.33/ Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) 130 340 Notes payable (short-term) 560 Prepaid insurance 980 12,860 Retainedearnings(beginning)1,900 Salaries and wages expense 800 Salaries and wages payable 265 Sales revenue 5,100 Stock investments (short-term) 1,600 Prepare a retained earnings statement for Blossom Company for the yearended April 30, 2025. (L ist items that increase retained earnings first.)