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Create a trial balance reflecting the journal entries in part A. Account Titles and Explanation Debit Credit Totals Blossom Corporation's trial balance at December 31,

Create a trial balance reflecting the journal entries in part A. image text in transcribed

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Account Titles and Explanation Debit Credit
Totals

Blossom Corporation's trial balance at December 31, 2020, is presented below. All 2020 tra recorded except for the items described below. actions have been Debit Credit Cash Accounts Receivable n Inventory Land 94,400 Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) 29,500 19,500 8,000 54,000 27,000 5,400 ount Paid-in Capital in Excess of Par-Common Preferred Stock ($20 par) Paid-in Capital in Excess of Par-Preferred -Eq Retained Earnings Treasury Stock Cash Dividends 33,960 590,000 Rent Revenue of Interest Expense Cost of Goods Sold 391,000 37,700 Salaries and Wages Expense 63,400 Total $780,400 $780,400

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