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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.
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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