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Current Attempt in Progress These items are taken from the financial statements of Blossom Company for 2022. Retained earnings (beginning of year) $32,000 Utilities expense
Current Attempt in Progress These items are taken from the financial statements of Blossom Company for 2022. Retained earnings (beginning of year) $32,000 Utilities expense 2.100 Equipment 67,000 Accounts payable 19,900 Cash 11,100 Salaries and wages payable 4,000 Common stock 22.000 Dividends 12.000 Supplies 3.000 Debt investment (long-term) 5,500 Trademarks 2.100 Service revenue 69,000 Prepaid insurance 4,500 Maintenance and repairs expense 1,700 Depreciation expense 3,500 Accounts receivable 12.700 Insurance expense 2.300 Salaries and wages expense 38.000 Accumulated depreciation equipment 18.600 (a 1) Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) BLOSSOM COMPANY Income Statement For the Month Ended December 31, 2022 Revenues Service revenue $ 69,000 Expenses Supplies Expense $ e Textbook and Media
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