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Question 1 Blossom Company shows the following balances in selected accounts of its adjusted trial balance Supplies Supplies Expense Accounts Receivable Owner's Drawings Owner's Capital

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Question 1 Blossom Company shows the following balances in selected accounts of its adjusted trial balance Supplies Supplies Expense Accounts Receivable Owner's Drawings Owner's Capital $30,000 5,000 11,000 20,000 70,000 Service Revenue salaries and Wages Expense Utilities Expense Rent Expense $105,000 35,000 7,000 16,000 Journalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually Debit Credit Date Account Titles and Explanation Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 cosa netuincome. CALCULATOR STANDARD VIEW PRINTER VERSION Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (Todose net income/lss)) Dec. 31 (To cose drawings) SHOW LIST OF ACCOUNTS Question Attempts: 0 of 2 used

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