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Exercise 4-19 This is a partial adjusted trial balance of Blossom Company. BLOSSOM COMPANY Adjusted Trial Balance January 31, 2017 Debit Credit Supplies $840 Prepaid

Exercise 4-19

This is a partial adjusted trial balance of Blossom Company.
BLOSSOM COMPANY Adjusted Trial Balance January 31, 2017
Debit Credit
Supplies $840
Prepaid Insurance 1,560
Salaries and Wages Payable $1,020
Unearned Service Revenue 750
Supplies Expense 810
Insurance Expense 520
Salaries and Wages Expense 1,960
Service Revenue 4,030
Prepare the closing entries at January 31, 2017. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Jan. 31

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(To close revenue account)

Jan. 31

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(To close expense accounts)

Jan. 31

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(To close net income / (loss))

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