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I've already completed the income statement and adjusted trial balance, so just this please Blossom Company Income Statement January 31, 2020 Sales Revenues 28000 Cost

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I've already completed the income statement and adjusted trial balance, so just this please

Blossom Company Income Statement January 31, 2020 Sales Revenues 28000 Cost of Goods Sold (18,100) Gross Profit / (Loss) 9,900 Operating Expenses Service Charge Expense 30 $ Bad Debt Expense 746 Supplies Expense 800 Other Operating Expenses 3000 Total Operating Expenses (4594) Income From Operations 5306 Other Revenues and Gains Interest Revenue 28 Net Income / (Loss) 5334 Comprehensive Problem 8 a-b, c1-c3 (Part Level Submission) Blossom Company's balance sheet at December 31, 2019, is presented below. Cash Accounts receivable Allowance for doubtful accounts Inventory Blossom Company Balance Sheet December 31, 2019 $14,700 Accounts payable 19,800 Common stock (900) Retained earnings 9,000 $42,600 $8,900 18,500 15,200 $42,600 During January 2020, the following transactions occurred. Blossom uses the perpetual inventory method. Jan. 1 3 8 11 15 Blossom accepted a 4-month, 8% note from Merando Company in payment of Merando's $4,200 account. Blossom wrote off as uncollectible the accounts of Inwood Corporation ($500) and Goza Company ($300). Blossom purchased $15,000 of inventory on account. Blossom sold for $27,000 on account inventory that cost $17,300. Blossom sold inventory that cost $800 to Mark Lauber for $1,000. Lauber charged this amount on his Visa First Bank card. The service fee charged Blossom by First Bank is 3%. Blossom collected $22,400 from customers on account. Blossom paid $17,000 on accounts payable. Blossom red payment in full ($300) from Goza Company on the account written off on January 3. Blossom purchased supplies for $1,400 cash. Blossom paid other operating expenses, $3,000. 17 21 24 27 31 Adjustment data: 1. 2. Interest is recorded for the month on the note from January 1. Bad debts are expected to be 6% of the January 31, 2020, accounts receivable. A count of supplies on January 31, 2020, reveals that $600 remains unused. 3. Prepare a retained earnings statement for the month ending January 31, 2020. (R to 0 decimal places, e.g. 5,275.) Blossom Company Retained Earnings Statement

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